TLDR Tech / Crypto
PayPay, 40% owner of Binance Japan, seeks up to $1.1 billion in IPO
Japan's leading cashless provider, PayPay, is planning a $1.1 billion Nasdaq IPO, aiming for a $10 billion valuation. The SoftBank-backed company, which holds 40% of Binance Japan, will integrate digital payments and crypto, enabling its 70 million users to make purchases using PayPay Money through Binance Japan.
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