Overview

• PayPay, a SoftBank Corp. group company, acquired a 40% equity stake in Binance Japan as part of a capital and business alliance.
• Initial rollout targets enabling crypto purchases in the Binance Japan app using PayPay Money and offering PayPay Money as a withdrawal option.
• The companies said they will co-develop products and technology to link cashless payments with digital-asset services, with timelines yet to be detailed.
• PayPay brings more than 70 million users and a broad merchant network, while Binance Japan operates as a registered exchange with the Kanto Local Finance Bureau.
• The announcement comes as Japan’s crypto use expands, with public companies holding bitcoin treasuries and JPYC preparing a yen‑pegged stablecoin, according to reporting.