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As reported by a Shiba Inu-focused X account with the handle Shibizens, Shiba Inu (SHIB) is included in SBI VC Trade's lending expansion in Japan.
SBI VC Trade continues its "Rent Coin" lending program with Shiba Inu among the supported assets. Shibizens indicated that the latest "rentcoin" campaign confirms SHIB remains part of the active lending lineup.
The exchange supports lending for major crypto assets, including BTC, ETH, XRP and Solana (SOL). Users lock up their crypto for a set time (28 days) and in return receive a yield paid in the same cryptocurrency.
This comes after SHIB's inclusion in Japan's Green List, placing it within a regulated framework and enabling services like lending and yield generation.
SHIB's recent developments
T. Rowe Price recently filed an amended S-1 for its Price Active Crypto ETF, which it first filed for in October. The new filing details an actively managed fund that aims to give investors exposure to a range of digital assets, custodied by Anchorage Digital Bank.
The ETF may invest in a rotating mix of five to 15 cryptocurrencies from a broad list, including Shiba Inu, using quantitative models to try to outperform the FTSE US Listed Crypto Index.
SHIB has a dedicated asset description in the filing: it is identified as an Ethereum-based crypto asset created in August 2020 by Ryoshi.
In separate news, Rakuten Wallet has added Shiba Inu to its platform in Japan, enabling users to trade SHIB against the yen and convert Rakuten Points directly into the asset. The move connects SHIB to one of the country's largest consumer ecosystems, where loyalty points are earned through everyday activity.
SHIB cannot be used directly at checkout, but it can be converted into Rakuten Cash, which is accepted across more than five million merchant locations via Rakuten Pay.
By listing SHIB alongside leading cryptocurrencies on a regulated platform, access expands within a structured financial environment.
Dan Burgin
U.Today Editorial Team
