Singapore-based crypto exchange Coinhako announced that it has added support for Shiba Inu (SHIB).
Coinhako users will be able to trade SHIB with Singapore dollar, US dollar and Vietnamese dong.
The platform will also allow the asset to be stored securely.
Last week, Coinhako received approval from the Singapore regulator to legally provide digital asset services. The company was among the first to succeed in doing so.
Yusho Liu, co-founder of Coinhako, told Yahoo Finance Singapore that the transaction volume has increased by 1000% since the beginning of the year.
Founded in 2014, Coinhako also received a six-digit investment from famous venture capitalist Tim Draper.