Coincheck Inc, a subsidiary of Monex Group, Inc., announces Shiba Inu (SHIB) listing on its crypto asset trading service “Coincheck” from December 14, 2023.

Shiba Inu (SHIB) is a crypto asset that was issued in August 2020 by an anonymous developer. It is a derivative of Dogecoin (DOGE), which is considered to be the original meme coin (a crypto asset developed from an internet joke) and is issued on the Ethereum blockchain.

Although initially developed as a “joke currency” without a clear purpose, it has gained popularity and formed communities around the world. Accordingly, its use cases are expanding, supported by the ongoing development of Shiba Inu-themed NFTs and DEX (decentralized exchanges).