From PlayStation to Crypto: Sony Acquires Amber Japan, Expanding into Digital Assets

• Sony enters crypto trading by acquiring Amber Japan, expanding its diverse $100B+ business portfolio.
• Amber Group’s resilience post-FTX collapse, securing $300M funding, underscores its strategic market maneuvers.
• Sony’s NFT exploration, highlighted by a 2023 patent, aligns with its Amber Japan acquisition for blockchain innovation.

Sony Group has entered the cryptocurrency trading platform sector with the acquisition of Amber Japan, a move that highlights the conglomerate’s commitment to diversifying its already extensive portfolio.

As noted on X (formerly Twitter) by reporter Colin Wu, Sony, with a market value exceeding $100 billion, has interests in gaming, music, and cameras.

Exclusive: Sony Group, one of Japan's largest companies, has acquired Amber Japan, officially entering the crypto exchange field. Sony's businesses include games, music, cameras, etc., with a market value of more than $100 billion. Singapore market maker Amber Group acquired… pic.twitter.com/XOHFIUmKtJ

— Wu Blockchain (@WuBlockchain) July 1, 2024

Earlier this year, Singapore-based market maker Amber Group acquired and rebranded the regulated Japanese cryptocurrency trading …

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