With a market value that already surpasses $100 billion, Sony aims to solidify its presence in the crypto world
Sony Group has officially entered the crypto exchange market with the acquisition of Amber Japan. This move is part of Sony's strategy to diversify its portfolio. Amber Japan was previously owned by Singapore market maker Amber Group.
The acquisition is expected to be finalized in the first half of 2025
A beta version of the new mobile initiative is expected in May, with the current Ultimate Wallet app being sunsetted in May 2024