NOMURA Co., Ltd.

Shiba Inu (SHIB) has closed above its 20-week moving average for the first time since September 2025, ending an 11-month downtrend, after Japan approved a Nomura-backed exchange to list the token. The token now trades at $0.00000528, down 4.27% in 24 hours, as it retests the breakout. Japan's Financial Services Agency registered Laser Digital Japan, a subsidiary of Nomura's digital assets arm, as a crypto asset exchange service provider, marking the first new exchange approval in the country in four years. SHIB is one of six launch assets, the only meme coin among them, and it joined the Japan Virtual and Crypto Assets Exchange Association Green List in November 2025. Meanwhile, an unidentified wallet withdrew 280.8 billion SHIB from OKX on August 24, worth roughly $1.56 million, and exchange reserves fell to 86.98 trillion tokens. SHIB ranks 31st by market capitalization at $3.11 billion. The weekly chart shows the trend change clearly, with SHIB rejecting the 20-week moving average near $0.00001000 in January and again near $0.00000650 in May, but now closing above it. Structure improved underneath, with a June low near $0.00000405 followed by a higher low near $0.00000445 in early August, and the week of August 17 gained about 25% on heavy volume. However, that candle wicked to roughly $0.00000620, stopping just short of the 0.382 Fibonacci resistance at $0.00000636, a level that has capped every rally since February. The daily chart places SHIB inside an ascending parallel channel, with price tagging the upper band near $0.00000600 on August 21 before reversing. Support at $0.00000531 now matters most, marking the channel midline, the July 26 swing high, and the 20-week moving average at once. Below it sits $0.00000499, and the channel base near $0.00000450. Reclaiming $0.00000553 would open $0.00000600 and then $0.00000636. The relative strength index has cooled to 58, with twin peaks near 77 suggesting momentum did not expand on the second push. Two caveats temper the case: a recent 441% burn rate spike removed only about $230 worth of SHIB, and Shibarium activity remains near 1,180 daily transactions. A team member has teased news from Shytoshi Kusama and Kaal Dhairya before August 31, but neither has confirmed it.

Nomura-backed Laser Digital Japan has secured regulatory approval as a crypto asset exchange service provider under Japan’s Payment Services Act, ending a four-year gap in new registrations. The company, the Japanese entity of Nomura’s digital assets subsidiary Laser Digital, announced the registration on Friday. It will initially focus on providing liquidity to local virtual asset service providers and plans to eventually offer digital asset trading services to institutional investors, though launch dates have not been announced. The approval follows Japan’s introduction of major crypto-related regulatory reforms, including rules covering stablecoins, and comes as a Nomura and Laser Digital survey found 65% of institutional investors see crypto assets as an opportunity to diversify portfolios, with nearly 79% planning to invest in digital assets over the next three years.

Nomura's digital asset subsidiary, Laser Digital, has received conditional approval from the Office of the Comptroller of the Currency for a national trust bank charter in the United States. Upon final sign-off, the firm will be authorized to hold and administer both conventional and digital assets under federal supervision, focusing on institutional services and explicitly excluding deposit-taking and lending. The new subsidiary, Laser Digital National Trust Bank, aims to facilitate cross-border payments and collateral management across crypto and traditional markets. This expansion is supported by a clearer regulatory environment driven by legislative developments like the GENIUS Act, which have boosted institutional confidence in tokenized assets and stablecoins. The move reflects a broader trend of legacy financial institutions increasing investment in digital asset infrastructure, with at least 15 similar bank charter applications submitted to the OCC since 2025.