SoftBank-Owned PayPay Takes 40% Stake in Binance Japan

Date:

October 9, 2025

SoftBank-owned PayPay, a major mobile payment app in Japan, said it has acquired a 40% equity stake in Binance Japan, a subsidiary of the world’s largest crypto exchange Binance.

The deal could help Binance Japan gain ground in the country, where global crypto platforms have faced intense competition from local players. The companies will explore allowing Binance Japan users to buy and cash

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SoftBank-Owned PayPay Takes 40% Stake in Binance Japan

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