Sony Buys Amber's Japan Unit to Enter the Crypto Market: Reports
Summary
Sony Group has acquired crypto exchange Amber Japan, marking its official entry into the crypto market. The terms of the deal remain undisclosed. Sony has previously engaged with Web 3 through investments and partnerships, including a collaboration with the Astar Network for a Web3 incubation program and a patent filing for transferring non-fungible tokens (NFTs) between games and consoles. Amber Japan, formerly DeCurret, was acquired and renamed by crypto finance firm Amber Group in 2022 through its local unit, WhaleFin Holdings Japan.
