The title should say SoftBank used 70 million users' funds to trade cryptocurrencies
李奎点津
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It's exploded! SoftBank is entering Binance with 70 million users, has the era of crypto payments really arrived?
The crypto circle has erupted with bombshell news! This time it's not about the rise and fall of a certain coin, but rather traditional financial giants directly 'flipping the table' and entering the game—SoftBank's PayPay has invested heavily to acquire 40% of Binance Japan's shares, marking a formal 'marriage' between the two giants!
This is not just a simple capital cooperation; there are major moves behind it that can disrupt the encrypted lives of ordinary people. First, let's look at a set of data: PayPay has over 70 million users in Japan, covering more than half of the Japanese population, which means that one in every two Japanese people is using PayPay for payments. What will happen when the payment accounts of these 70 million users connect with Binance's cryptocurrency trading platform?
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