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.
Update (Oct. 9, 10:40 am UTC): This article has been updated to include comments from Binance Japan’s general manager, Takeshi Chino.
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.
