Kronos Leads the Way as the First American Public Company to Embrace Shiba Inu Payments
Kronos Advanced Technologies Inc., a pioneer in air purification technology, recently filed with the U.S. Securities and Exchange Commission (SEC) to announce its acceptance of Shiba Inu (SHIB) cryptocurrency for its products.
This strategic move establishes Kronos as the first publicly traded company in the United States to integrate SHIB as a payment method, showcasing the company’s dedication to innovation. With around 1.38 million SHIB wallet holders, this development has the potential to significantly benefit the cryptocurrency community.
Kronos’ Adoption Impacts
Kronos’ decision to accept Shiba Inu payments marks a significant stride in the e-commerce industry. Through the inclusion of Shiba Inu, Kronos aims to offer customers a seamless and secure transaction process, catering to the expanding community of crypto users.
Read Also: Shiba Inu Burns Over 900 Million SHIB in June: A Cause for Price Optimism?
Greg Rubin, CEO of Kronos Advanced Technologies Inc., expressed enthusiasm about the new payment option, highlighting, “We are excited to be the first public company to accept SHIB for our air purification products.” Rubin emphasized that this move reflects their responsiveness to increasing demand.
To commemorate this milestone, Kronos is rolling out a special promotion: customers using SHIB to purchase an air purifier will receive a 10% discount on their order. Interested individuals can make use of the discount code SHIBArmy10 to take advantage of this offer.
Kronos’ acceptance of SHIB aligns with its broader strategy to incorporate various cryptocurrencies as payment options. Notably, the company also became the first publicly traded company to accept Dogecoin (DOGE) and other digital currencies for its products.
Shiba Inu Payments Outlooks
This development represents the latest instance of Shiba Inu’s integration as a payment method, as numerous companies embrace the token.
The xPortal app, operating on the MultiversX blockchain, has added Shiba Inu to its list of supported crypto assets for its card service. This update enables users to load their cards with various cryptocurrencies, including Shiba Inu, and utilize them for instant transactions.
In addition, U.S. dental firm Amoré Orthodontic Aligners has also recently implemented Shiba Inu as a payment method for its services. This new payment option allows patients to utilize Shiba Inu for paying for braces, retainers, and other orthodontic services offered by the firm.
Read Also: Ethereum Network Set for Utmost Growth with SSF Implementation
Follow us on Twitter, Facebook, Telegram, and Google News
Cryptolifedigital is a cryptocurrency blogger and analyst known for providing insightful analysis and commentary on the ever-changing digital currency landscape. With a keen eye for market trends and a deep understanding of blockchain technology, Cryptolifedigital helps readers navigate the complexities of the crypto world, making informed investment decisions. Whether you’re a seasoned investor or just starting out, Cryptolifedigital’s analysis offers valuable insights into the world of cryptocurrency.
