On October 9, Binance Japan, a subsidiary of Binance, announced today that it has entered into a capital and business partnership with PayPay Corporation, a company of Japan's SoftBank Group and a leading financial services provider in the country. PayPay is widely known for its cashless payment service "PayPay" with more than 70 million users. Under the terms of the agreement, PayPay will acquire a 40% stake in Binance Japan.
The strategic partnership will combine PayPay's extensive user base and experience in Japan's cashless payment infrastructure with Binance's global leadership in blockchain technology and digital assets, with the goal of creating a seamless financial experience for Japanese users by linking cashless payments with digital assets.
PayPay and Binance Japan enter into a capital and business partnership
2025-10-09 06:02:51
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