SoftBank’s PayPay acquires 40% stake in Binance Japan

SoftBank’s mobile payment service PayPay acquired a 40% stake in the Japanese subsidiary of Binance after applying for US listing in August.

Binance Japan has entered into a capital and business agreement with PayPay, a mobile payment service operated by the major Japanese investment holding company, SoftBank Group.

SoftBank’s PayPay acquired a 40% equity stake in the Japanese subsidiary of global crypto exchange Binance, with Binance Japan becoming an equity-method affiliate of PayPay as of September 2025, the company announced on Thursday.

Following the acquisition, PayPay and Binance Japan plan to launch integrated services to allow Binance clients to buy and sell crypto assets using the cashless payment service PayPay Money.

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