Japanese e-commerce giant Rakuten Group is set to add Shiba Inu (SHIB) to its mobile wallet. The move allows users to buy, sell, and trade SHIB directly using Japanese yen. Rakuten Wallet will also support other assets like XRP and Dogecoin (DOGE). The listing positions SHIB for mainstream adoption in Japan’s highly regulated crypto market.

Shiba Inu Gains Regulatory Approval and Platform Exposure

According to Shibarium, the SHIB token will debut on Rakuten Wallet starting April 15, 2026. Japanese users can trade SHIB in a regulated environment alongside existing cryptocurrencies. The listing follows Japan’s strict approval process overseen by the Financial Services Agency (FSA) and self-regulatory bodies. Shibarium highlighted that SHIB integration reflects growing acceptance and legitimacy within Japan’s digital asset framework.

Rakuten is not solely a crypto exchange; it is a vast conglomerate with millions of users across e-commerce, banking, payments, credit cards, and digital services. Shibarium explained that adding SHIB exposes the token to everyday Japanese consumers, who already rely on Rakuten for shopping and finance. The Shibarium team emphasized that the listing aligns with Japan’s new 20% crypto tax structure, expanded institutional access, and the rollout of digital-era services.

Market Implications and SHIB Performance

The integration is seen as bullish for SHIB, signaling mainstream adoption and improved liquidity. Shibarium noted that listings on high-trust platforms could boost visibility and trading activity. Market data shows SHIB trading at around $0.000006, with a market capitalization of $3.59 billion. 

At the time of writing, Shiba Inu is trading at around $0.000000609, up by 6.01% in the past 24 hours.

Despite the drop, exchange netflow data indicates growing positive sentiment. On April 6, SHIB netflow surged about 5.28% to -111,677,000,000 SHIB in 24 hours. Shibarium suggested this could relieve market fear and act as a bullish signal for the token. Ongoing utility developments through Shibarium, coupled with its strong community, reinforce SHIB’s growing relevance.

Rakuten Wallet’s addition of SHIB underscores Japan’s increasing embrace of digital assets. Analysts say the integration could influence SHIB adoption, trading behavior, and broader market activity. As a high-supply meme token with rising institutional and retail interest, SHIB’s presence on Rakuten may drive both accessibility and credibility.

Source: https://coinpaper.com/16061/rakuten-wallet-to-add-shiba-inu-expanding-crypto-access-in-japan

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