Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Crypto

Shiba Inu Secures Landmark UAE Government Partnership, Expanding Beyond Meme Coin Status

by Team Lumida
February 6, 2025
in Crypto
Reading Time: 2 mins read
A A
0
a gold coin with a dog face on it

Photo by Ferhat Deniz Fors on Unsplash

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways:

Powered by lumidawealth.com
• UAE Ministry to implement Shiba Inu’s Operating System (ShibOS) for government services
• Partnership focuses on blockchain integration for energy and infrastructure operations
• SHIB maintains $9 billion market capitalization amid institutional adoption
• First major government partnership for a former meme coin project

What Happened?
The UAE’s Ministry of Energy and Infrastructure (MoEI) has partnered with Shiba Inu to implement its blockchain applications in public sector services. The ministry will utilize ShibOS on the Shibarium layer-2 blockchain to enhance operational efficiency, transparency, and security in government services. Undersecretary Sharif Al Olama emphasized the alignment between Shiba Inu’s decentralized solutions and the ministry’s innovation goals, particularly in supporting their net-zero roadmap.

Why It Matters?
This partnership represents a significant milestone in Shiba Inu’s evolution from a meme coin to a legitimate blockchain utility provider. The UAE government’s adoption validates Shiba Inu’s technology stack and could set a precedent for other institutional partnerships. This development could fundamentally change market perception of SHIB and potentially influence its valuation metrics beyond typical meme coin parameters.

What’s Next?
Investors should monitor the implementation timeline and success of this partnership, as it could lead to similar government adoptions globally. Watch for potential impact on SHIB’s market capitalization and trading patterns as institutional interest grows. Key metrics to track include the adoption rate of ShibOS in UAE government services, any technical challenges during implementation, and potential expansion into other government departments or countries. This partnership could also influence the broader acceptance of former meme coins as serious blockchain technology providers.

Source
Previous Post

Tesla’s European Sales Plummet Amid Musk’s Political Controversy

Next Post

Amazon Accelerates AI Investments with$105 Billion Capital Spending Plan, Defying Market Concerns

Recommended For You

Crypto Crash Exposes Fragility of Trump Family’s Token-Fueled Fortune

by Team Lumida
7 hours ago
Crypto Crash Exposes Fragility of Trump Family’s Token-Fueled Fortune

Key Takeaways The Trump family’s estimated fortune has dropped from about $7.7 billion to $6.7 billion since early September, largely due to a broad crypto downturn. Trump-linked assets—including...

Read more

Bitcoin’s Breakdown Exposes Fragile Market as Options Hedging Accelerates the Selloff

by Team Lumida
2 days ago
a bitcoin sitting on top of a pile of money

Key Takeaways Powered by lumidawealth.com Bitcoin dropped as much as 7.6% on Friday, heading for its worst month since the 2022 Terra/FTX collapse. Spot selling from ETFs, dormant wallets,...

Read more

Saylor’s Strategy Inc. Faces Billions in Index-Flow Risk as Crypto Crash Erodes Its Market Premium

by Team Lumida
3 days ago
Bitcoin Plunges to $64K Amid U.S. Tech Stock Turmoil

Key Takeaways Powered by lumidawealth.com MSCI and Nasdaq may remove Strategy Inc. from major indices, potentially triggering up to $2.8B in forced outflows. Strategy’s valuation premium has collapsed, with...

Read more

Crypto Market Loses $1 Trillion as Bitcoin Slides to Seven-Month Low

by Team Lumida
4 days ago
Bitcoin Could Drop to $50K Before a Potential Fed-Driven Rally

Key Takeaways Powered by lumidawealth.com Bitcoin plunged to $88,522, deepening a market-wide $1 trillion drawdown since October highs. Forced liquidations and stalled macro catalysts have weakened market structure and...

Read more

Leverage Turns Lethal: Crypto’s Debt-Fueled Rally Now Magnifies Investor Losses

by Team Lumida
5 days ago
Bitcoin Plunges to $64K Amid U.S. Tech Stock Turmoil

Key Takeaways Powered by lumidawealth.com Crypto’s 2025 surge was powered by unprecedented leverage—some traders gained 100x exposure with just $1 of capital. October’s Trump-driven tariff shock triggered record liquidations,...

Read more

Bitcoin ETF Boom Turns Sour as Prices Fall Below Investors’ $89,600 Break-Even Level

by Team Lumida
6 days ago
Bitcoin Plunges to $64K Amid U.S. Tech Stock Turmoil

Key Takeaways Powered by lumidawealth.com US Bitcoin ETF investors are now in aggregate losses after Bitcoin fell below the $89,600 flow-weighted cost basis. Bitcoin has dropped 30%+ since early...

Read more

Crypto’s Riskiest Tokens Crash to 2020 Lows as Altcoin Market Unravels

by Team Lumida
7 days ago
Bitcoin Could Drop to $50K Before a Potential Fed-Driven Rally

Key Takeaways Powered by lumidawealth.com Small-cap crypto index hits lowest level since November 2020, signaling a deep downturn in speculative tokens. Altcoins dramatically underperform Bitcoin and Ether, reversing a...

Read more

BlackRock’s Tokenized Fund Gains Ground as Binance Accepts BUIDL as Collateral

by Team Lumida
1 week ago
Is BlackRock the New Leader in Alternative Investments?

Key Takeaways Powered by lumidawealth.com BlackRock’s $2.5B BUIDL fund is now accepted as off-exchange collateral on Binance—the world’s largest crypto trading platform. A new share class of BUIDL is...

Read more

Bitcoin’s Slide Deepens as ETF Investors Pull $870 Million

by Team Lumida
1 week ago
Bitcoin Mining Stocks Outperform BTC in Early 2025, Network Strength Grows

Key Takeaways Powered by lumidawealth.com Bitcoin dropped below $100,000, falling as much as 2.8% and extending its decline to 20% below its October all-time high. ETF outflows totaled $870...

Read more

JPMorgan Launches JPM Coin Deposit Token in Major Digital Asset Expansion

by Team Lumida
2 weeks ago
Tax-Loss Harvesting Surge: JPMorgan’s $15 Billion Windfall

Key Takeaways Powered by lumidawealth.com JPMorgan has begun rolling out JPM Coin, a blockchain-based deposit token representing dollar deposits held at the bank. The token enables instant, 24/7 payments...

Read more
Next Post
Amazon’s $100 Billion Bet: AI Over Retail

Amazon Accelerates AI Investments with$105 Billion Capital Spending Plan, Defying Market Concerns

China’s Bold Economic Moves: What You Need to Know Now

China's Biotech Surge Reshapes Global Pharmaceutical Landscape

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

OpenAI Considers Open-Source Pivot Following DeepSeek’s Market Disruption

February 1, 2025
A large jetliner sitting on top of an airport tarmac

Airlines Slash Guidance Amid Recession Fears and Weak Travel Demand

March 12, 2025
Nvidia CEO Reveals Secrets Behind AI Domination Amidst Fierce Competition

Nvidia Stock Nears Full Recovery from DeepSeek-Induced Rout, Boosted by New Demand

February 18, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018