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The First US Publicly Traded Company Adopts Shiba Inu as Payment Method

Shiba Inu Shib Crypto News

Kronos Advanced Technologies Inc. (OTC: KNOS), known for its air purification technology, has made a groundbreaking announcement by integrating Shiba Inu (SHIB) as a payment option for its products. This strategic move positions Kronos as the pioneer among publicly traded companies in the United States to endorse SHIB, a cryptocurrency gaining popularity in the digital currency realm.

Shiba Inu Integration Milestone

In a recent filing with the US Securities and Exchange Commission (SEC), Kronos Advanced Technologies unveiled its decision to incorporate SHIB as a payment method, highlighting its dedication to utilizing innovative technology to enrich consumer experiences. With approximately 1.38 million Shiba Inu wallet holders globally, as of the most recent data in 2024, the move symbolizes Kronos’s outreach to a vast consumer base for its advanced air purification systems.

Greg Rubin, CEO of Kronos Advanced Technologies, expressed his rationale behind this strategic advancement. Rubin stated, “The adoption of SHIB as a payment option resonates with our future-focused philosophy and commitment to embracing technological progress. By embracing Shiba Inu, we cater to a tech-savvy clientele while enhancing our market adaptability and solidifying our sales strategy for the future.”

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This inclusion of Shiba Inu in payment alternatives is anticipated to bring mutual benefits to both Kronos and its customers, providing a smooth and secure transaction process that aligns with the company’s cutting-edge product range. Kronos’s move to introduce SHIB alongside other cryptocurrencies like Dogecoin (DOGE) reflects a broader initiative to offer diverse payment methods.

Through this initiative, customers interested in using their cryptocurrency holdings for substantial purchases can now easily acquire Kronos products. To celebrate this milestone, Kronos is launching a limited-time promotion, granting a 10% discount to customers who purchase air purifiers using SHIB.

This transformative step by Kronos mirrors a growing trend in various industries, including technology and healthcare, embracing cryptocurrency payments to tap into the market’s expansion and diversity. Notably, the xPortal app has integrated Shiba Inu for card services, complemented by Amoré Orthodontic Aligners adopting SHIB for dental care services.

The integration of Shiba Inu by a publicly traded entity such as Kronos not only underscores the legitimacy of digital currencies in standard commercial transactions but also serves as a precedent for other businesses exploring similar integrations. It signifies a notable shift towards more agile, technology-driven consumer engagements in the corporate arena.

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At the time of reporting, SHIB was trading at $0.00001713.

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