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Shiba Inu Now Supported by Samsung-Backed Crypto Wallet App

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Tue, 16/11/2021 - 20:29
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Shiba Inu Now Supported by Samsung-Backed Crypto Wallet App
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ZenGo, the first keyless non-custodial cryptocurrency wallet, has added support for the Shiba Inu cryptocurrency, according to a Nov. 16 announcement.

The wallet’s users are now able to trade and hold the hottest meme coin.

Ari Gore, head of communications at ZenGo, praised Shiba Inu’s “vibrant” and “enthusiastic” community:

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We’re excited to be one of the first crypto wallets to support SHIB, especially because of its vibrant, creative, and enthusiastic community.

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Dealing with passwords, seed phrases and private keys might be intimidating for novice users. ZenGo wallets are generated with the help of facial biometrics, which is marketed as the app’s main selling point.    

The company’s founders claim that such an approach could solve the existing problems related to storing crypto.

The Israeli startup raised $20 million during its Series A funding round in April. Samsung Next, the tech giant’s venture capital fund, was among ZenGo’s most notable backers.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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