PayPay Acquires 40% of Binance Japan in Major Crypto-Payments Merger
Japan’s digital payment giant PayPay has bought a 40% stake in Binance Japan, creating one of the biggest partnerships between traditional payments and cryptocurrency in Asia.
The deal, officially announced on October 9, 2025, connects PayPay’s 70 million users with Binance’s crypto trading platform.
The partnership is backed by SoftBank, one of Japan’s largest technology companies. PayPay is owned by a mix of SoftBank Corp, the Vision Fund, and LY Corp (a partnership between SoftBank and South Korea’s Naver). The financial details of the acquisition remain undisclosed, though the transaction was completed in September 2025.
How the Integration Will Work
The companies plan to let PayPay users buy and sell cryptocurrencies…
