PayPay just filed for a US IPO and now owns 40% of Binance Japan 🚨

#Paypal x #Binance🚀🚀

Here’s what actually happened:

On February 12, 2026, PayPay filed for a Nasdaq IPO.

Ticker: PAYP

Target valuation: $19.6 billion

PayPay is Japan’s biggest mobile payments app.

- 72 million users.

~70% market share.

SoftBank-backed.

But here’s the important detail:

In October 2025, PayPay acquired 40% equity in Binance Japan.

So this may become Binance’s first real public market connection.

- The Binance stake

On October 9, 2025, PayPay bought 40% of Binance Japan.

The investment amount was not disclosed.

Binance Japan became an equity-method affiliate.

A public-company-level cap table link.

The plan is direct:

PayPay Money → buy crypto inside Binance Japan

Binance withdrawals → back into PayPay Money

Japan’s biggest wallet becoming a Binance product

- IPO scale

This isn’t a small listing.

PayPay expects to raise over $2B.

Lead banks include:

Goldman Sachs

J.P. Morgan

Mizuho

Morgan Stanley

The IPO was originally planned for late 2025 but got delayed due to the US government shutdown slowing SEC review.

Now it’s live.

This could be the first time Binance touches public markets

share your thoughts on comments guys.#MarketRebound #CZ #Paypal x #Binance