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Sony to Open Crypto Business in Japan

July 08, 2024 at 09:05 AM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

The world of cryptocurrency has been buzzing with activity, and several major companies have joined this digital gold rush. One of the most recent entrants is Sony, the renowned Japanese conglomerate, which has taken a significant step through its acquisition of Amber Japan, a notable cryptocurrency company. This acquisition marks Sony’s official entry into the cryptocurrency exchange market.

Initially, the crypto company was known as DeCurret, a Japanese exchange. It was acquired in 2022 by Amber Group’s Japanese arm. Later, in August 2023, Quetta Web Co., a Sony subsidiary, took over the…

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