Sony Group Enters Crypto Exchange Market with $100 Billion Amber Japan Acquisition

Jul 1, 2024, 01:59 AM

Sony Group, one of Japan's largest companies, has acquired Amber Japan, marking its official entry into the crypto exchange field. Sony's diverse business portfolio includes games, music, and cameras, and the company has a market value exceeding $100 billion. The acquisition positions Sony to launch a crypto exchange in Japan using the Amber platform. Singapore market maker Amber Group previously owned Amber Japan.