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Home Crypto News Market Samsung Backed Crypto Wallet App Zengo Now Support Shiba Inu

Samsung Backed Crypto Wallet App Zengo Now Support Shiba Inu

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The first passwordless wallet now supports Shiba Inu.



ZenGo, the first non-custodial keyless crypto wallet, has added support for the Shiba Inu, according to an announcement on November 16. Zengo Wallet users can now trade and hold the Shib token.

Ari Gore, Head of Communications at ZenGo, praised Shiba Inu’s energetic and enthusiastic community:

“We are thrilled to be one of the first crypto wallets to support SHIB, especially because of its active, creative, and enthusiastic community.”

 

Working with passwords, seed phrases, and private keys can be daunting for novice users. ZenGo wallets are created using facial biometrics, which is positioned as the foremost selling point of the application.

The founders of the company argue that this approach could solve the existing problems associated with the storage of crypto.

The Israeli startup raised $20 million in a Series A funding round in April. Samsung Next, the Samsung venture capital fund, has been one of Zeno’s most apparent sponsors.

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The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

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