US EditionPayPay and Binance Japan Form Capital and Business Alliance
PayPay acquired 40% of Binance Japan to merge cashless payments with blockchain technology, leveraging its 70 million users to expand regulated crypto access, officials said.
- On Oct. 9, 2025 PayPay Corporation, a SoftBank Group company, acquired a 40% stake in Binance Japan in a capital and business alliance announced in Tokyo.
- PayPay has shifted its strategy by evolving from a cashless payment service into a broader digital financial platform, combining its scale with Binance's blockchain expertise to expand crypto access for everyday Japanese consumers.
- As an initial step, users will be able to buy crypto with PayPay Money and withdraw proceeds back into PayPay accounts, reaching over 70 million users and over 380 million transactions in 2024.
- With PayPay's backing, Binance Japan is enhancing user experience for millions of Japanese consumers while operating under Financial Services Agency oversight.
- This deal could serve as a model as Chainalysis data show Japan's crypto activity grew, with on-chain transaction value up 120% over the past year, while PayPay pursues global expansion.
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33 Articles
SoftBank’s PayPay Buys 40% Stake in Binance Japan to Fuse Crypto With Cashless Payments
SoftBank Group company PayPay, one of Japan’s largest digital payment apps, has acquired a 40% equity stake in Binance Japan as part of a new strategic partnership aimed at blending cashless payments with access to cryptocurrencies.The move brings together PayPay’s 70 million users and its widespread merchant network with Binance’s blockchain infrastructure, integrating PayPay Money, a smartphone-based digital wallet, into Binance Japan to allow…
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http://coinprofitnews.comSoftBank’s PayPay takes 40% stake in Binance Japan to expand crypto push
Binance Japan has formed a capital and business alliance with PayPay, a SoftBank (SFTBY) group company, with PayPay acquiring a 40% equity stake in the crypto exchange’s Japanese unit.
PayPay and Binance Japan Form Capital and Business Alliance
Combining Cashless Payments and Digital Assets to Create a Seamless Financial Experience TOKYO, Oct. 9, 2025 /PRNewswire/ -- Binance Japan, a subsidiary of Binance, the world's leading blockchain ecosystem by trading volume, today announced that it has entered into a capital and business alliance with PayPay Corporation ("PayPay"), a SoftBank Corp. group company and one of Japan's leading financial services providers, best known for its "PayPay"…
SoftBank’s PayPay Acquires 40% of Binance Japan in Fintech Push: Report
PayPay purchases 40% of Binance Japan to integrate crypto trading in digital payments. The venture has a goal of Japan-wide expansion and modernising the country’s financial system with Web3 technology. The deal cements Japan’s role as a major player in the burgeoning digital finance scene of Asia. Binance and PayPay, an affiliate of the Softbank Group, which offers mobile payment systems to its massive user base in Japan, collaborated to make s…
Paypay Acquires 40% Stake in Binance Japan to Expand Crypto Payments
Binance Japan has entered into a capital and business alliance with Paypay, one of Japan’s largest cashless payment platforms, marking a significant step toward integrating crypto assets with mainstream digital payments. Paypay and Binance Japan Join Forces to Bridge Crypto and Cashless Payments Binance Japan, the local arm of global crypto giant Binance, has announced […]
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