PayPay takes stake in Binance Japan to merge crypto and cashless payments

Binance Japan and PayPay announced on October 9, 2025, that they have entered a capital and business alliance aimed at merging cryptocurrency services with Japan’s leading cashless payment platform.

As part of the agreement, PayPay acquired a 40% equity stake in Binance Japan, signaling a strategic effort to integrate digital assets into mainstream financial ecosystems. The collaboration seeks to create seamless user experiences that bridge crypto and fiat transactions across PayPay’s network of over 70 million users in Japan.

Initial initiatives under discussion include allowing purchases of cryptocurrencies through “PayPay Money” within the Binance Japan app and enabling…

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