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Sony Buys Amber's Japan Unit to Enter the Crypto Market: Reports

Posted on AllSides June 30th, 2024
From The Center

Japan-based technology giant Sony Group has bought crypto exchange Amber Japan in a bid to enter the crypto market, according to multiple crypto media reports . Wu Blockchain initially reported the deal, which was later substantiated by the Block . The terms of the deal were undisclosed. While Sony has dabbled in Web 3 through investments and partnerships, the latest deal will mark the PlayStation maker's proper foray into crypto. The company had teamed up with the Astar Network for a Web3 incubation program and filed a patent for transferring...

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https://coindesk.com/business/2024/07/01/sony-buys-ambers-japan-unit-to-enter-the-crypto-market-reports

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