PayPay Corp. (Japan's top mobile payments app with ~65M users) is preparing a Nasdaq IPO aiming for up to $1.1 billion in proceeds, with a potential valuation of $10–15 billion.
The company, backed by SoftBank, filed confidentially with the SEC and plans to list in the second half of 2026 $BTC
PayPay owns 40% of Binance Japan, giving it indirect crypto exposure. This could bring more institutional legitimacy to crypto-linked firms in Asia.
