The post Sony Group Officially Enters Crypto Market With Amber Japan Acquisition appeared first on Coinpedia Fintech News
By acquiring Amber Japan, the Japanese subsidiary of the global Amber Group which provides regulated digital asset trading services, Sony Group has officially entered the crypto exchange market. The latest move is a part of Sony’s strategy to diversify its portfolio, which already boasts a market value exceeding $100 billion. Notably, In March 2023, Sony filed a patent for an ‘NFT Framework for Transferring and Using Digital Assets Between Games Platforms’, which outlines a system for using NFTs cross-platform including NFT-locked gameplay, limited-use in-game tasks, and rewarding players with NFTs.