Japan’s Biggest Cashless App Takes 40% Stake in Binance Japan in Bid To Drive National Web3 Adoption

PayPay acquires a 40% stake in Binance Japan. | Credit: Getty Images. Key Takeaways PayPay, Japan’s largest digital payments app, has taken a 40% stake in Binance Japan. The alliance will give 70 million PayPay users direct access to crypto services. The move highlights Japan’s push to bridge regulated finance and Web3 adoption. PayPay Corporation, the SoftBank-backed mobile payments giant with more than 70 million users, has acquired a 40% equity stake in Binance Japan, the licensed Japanese arm ...