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...