09 Oct
09Oct

Binance Japan, the local unit of the global crypto exchange, has announced a major capital and business alliance with PayPay Corporation, one of Japan’s largest digital payment services. As part of the deal, PayPay has acquired a 40% equity stake in Binance Japan.

The strategic partnership aims to bridge PayPay’s extensive network of 70 million users with Binance's blockchain technology, creating a seamless connection between digital payments and crypto assets.

Key Outcomes of the Alliance:

  • Integrated Transactions: Binance and PayPay will co-develop products to enable more fluid fiat and crypto-based transactions.
  • Direct Crypto Purchase: Initial initiatives will allow Binance Japan users to purchase cryptocurrencies directly using "PayPay Money" within the exchange's app.
  • Easy Withdrawal: Users will also be able to select "PayPay Money" as a withdrawal option when selling crypto assets.

Takeshi Chino, General Manager for Binance Japan, stated the goal is to leverage PayPay’s scale to make Web3 more accessible across the country. The alliance is expected to significantly boost the integration of digital assets into Japan’s mainstream financial system.

October 2025, Cryptoniteuae

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