Crypto exchange giant Binance has announced two major partnerships with subsidiaries of Yahoo Japan. This is big news for the industry.
Binance Eyes Crypto Expansion in Japan
According to a company blog post Z Corporation, a subsidiary of Yahoo Japan, and TaoTao has begun negotiations with Binance for strategic partnerships in the Japanese market.
The significance here is that these two firms are affiliated with Yahoo Japan which has been far more successful than its US counterpart.
Binance chief executive Changpeng Zhao was quick to point this out;
“Many non-Japanese may not understand the significance of this. TaoTao & Z-Corp are subsidiaries of Yahoo Japan. YJ has been independent from Yahoo US for a long long time and is doing well. It is 48% owned by Softbank.”
Many non-Japanese may not understand the significance of this….
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