PayPay Acquires Stake in Binance Japan: Driving Crypto Adoption in Japan

PayPay Corp., a leading mobile payments provider backed by SoftBank, has secured a 40% stake in Binance Japan, marking a significant step forward for the Japanese digital asset market. This strategic investment positions PayPay to expand its services beyond traditional cashless transactions into the burgeoning world of cryptocurrency. In turn, Binance gains deeper integration within Japan’s consumer payment infrastructure.