en
Back to the list

Shiba Inu Teams Up with Mass Finance to Enhance Its Ecosystem with AI-Powered Legal and Fiscal Solutions

source-logo  cryptonews.net 16 October 2024 13:37, UTC

Memecoin Shiba Inu and AI-powered platform Mass Finance have announced a partnership. Mass Finance offers legal, fiscal, and banking tools on one platform, including automated onboarding and AI-powered assistance for financial and operational needs, supporting both Web2 and Web3 organizations.

The team behind Shiba Inu said Mass Finance “is poised to be the Shiba State with AI-driven legal and fiscal solutions, supported by Stripe and others.” Mass Finance previously announced a partnership with payment giant Stripe to operate remittance and account management services. The latter provides the necessary infrastructure, while funds are stored in Evolve Bank & Trust, ensuring financial compliance and secure transactions for Mass users.

This is not the only deal Shiba Inu has struck in 2024. In September, it partnered with open-source cryptography company Zama to expand Shibarium’s capabilities. At the time of writing, SHIB has a market cap of over $10.6 billion, making it the second-largest memecoin after Dogecoin and the 15th-largest in the entire sector.

Designed by Freepik