SoftBank-owned PayPay takes a 40% stake in Binance Japan for an undisclosed sum, to capitalize on Japan's crypto boom; PayPay filed for a US IPO in August (Mayumi Negishi/Bloomberg)

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Mayumi Negishi / Bloomberg:SoftBank-owned PayPay takes a 40% stake in Binance Japan for an undisclosed sum, to capitalize on Japan's crypto boom; PayPay filed for a US IPO in August  —  SoftBank Group Corp.'s digital payment provider PayPay Corp. has taken a 40% stake in Binance's Japan unit, seeking to capitalize on the country's booming crypto market.