Binance approves Shiba Inu as collateral asset
The cryptocurrency exchange also announced the addition of 22 cryptocurrencies as loanable assets and collateral assets on its Flexible Loan and VIP Loan services. Crypto exchange Binance on Friday, August 4, said it is adding 22 new loanable assets and new collateral assets to its Flexible Loan and VIP Loan service. In its official statement, the crypto exchange disclosed several new collateral asset s, among them Shiba Inu (SHIB), Compound (COMP) and Theta Network (THETA). This development has also fueled speculation about the potential listing of BONE token on Binance, coinciding with the upcoming launch of the Layer-2 blockchain, Shibarium, anticipated to take place in August. The cryptocurrency exchange concurrently announced the addition of 22 cryptocurrencies as loanable asset s and collateral asset s on its Flexible Loan and VIP Loan services. Screenshot of Binance's new collateral assets announcement. Source: Binance Binance has now expanded its Flexible Loan service b...