PayPay Acquires 40% Stake in Binance Japan to Boost Digital Asset Integration
- PayPay, Japan’s top mobile payments provider, acquired a 40% stake in Binance Japan to merge digital assets with cashless transactions.
- The alliance allows Binance Japan users to buy and sell crypto through PayPay Money, integrating deposits and withdrawals.
- The move strengthens Japan’s digital finance ecosystem as crypto volumes surge to ¥33.7 trillion (US$230B / AU$350B) in early 2025.
Japan’s leading digital wallet provider, PayPay, has acquired a 40% equity stake in Binance Japan to advance the integration of cashless payments and digital assets in one of the world’s most tech-driven economies. The agreement, described as a capital and business alliance, combines PayPay’s extensive payments…
