SBI VC Trade Launches Shiba Inu Token Staking Service 

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SBI VC Trade, the cryptocurrency arm of SBI Japan, has launched an application period for Shiba Inu token holders to participate in its ongoing staking service.  Notably, this service offers a passive income stream to users who lend out their SHIB tokens. The application to lend out Shiba Inu assets opened yesterday, July 18, and will close on August 1. SBI VC Trade is offering a notable incentive to participants, providing an annual rate of return of 1.3%, including tax, on the deposited SHIB tokens.