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A Publicly Traded US Company Begins Accepting Payments in Shiba Inu

02.07.2024 6:30 1 min. read Alexander Stefanov
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A Publicly Traded US Company Begins Accepting Payments in Shiba Inu

Kronos Advanced Technologies Inc., a leader in air purification technology, will now accept Shiba Inu (SHIB) as a payment method.

In doing so, Kronos became the first publicly traded US company to adopt SHIB, which reflects its commitment to modern technology and accessibility for customers.

In his own statement to the Securities and Exchange Commission (SEC), Kronos highlights the broad appeal of the Shiba Inu, with an estimated 2024 million wallet holders worldwide by 1.38.

CEO Greg Rubin emphasized that the adoption of SHIB aligns with the company’s forward-thinking ethos and enhances market adaptability.

Kronos air purifiers, which use advanced high-voltage proprietary processes, will now be more accessible to cryptocurrency users. To mark this milestone, Kronos is offering a 10% discount on purchases made with SHIB.

The move is part of a wider trend of businesses adopting digital currencies to take advantage of the growing cryptocurrency market.

Other industries, including technology and healthcare, are also exploring cryptocurrency payment options, reflecting a significant shift toward more flexible, technology-driven interactions with consumers.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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