Sony\'s Acquisition of Amber Japan Marks Its Formal Entry Into the Cryptocurrency Space

The crypto markets are abuzz with excitement and energy since Sony made its entry into the cryptocurrency markets by acquiring the Japanese unit of Amber Group

Sony’s Entry Into Crypto World With Amber Acquisition Highlights Rising Cryptocurrency Markets

After making headlines with its metaverse ambitions and Web3 investments, Sony is now officially entering the cryptocurrency space with the acquisition of Amber Group’s Japanese unit, Amber Japan. This move marks a significant moment for the tech giant and the crypto industry as a whole.

Sony’s Metaverse Ambitions and Web3 Investments

Before venturing into the world of cryptocurrency, Sony had already shown interest in metaverse and Web3 technologies. The company participated in a metaverse fund led by A16z and filed a patent for transferring NFTs across games and consoles. Additionally, Sony collaborated with the Astar Network on a Web3 incubation program.

About Amber Group and Its Japanese Unit

Established in 2017, Amber Group is a prominent crypto trading firm headquartered in Singapore. The company operates a global digital asset exchange called WhaleFin and a crypto finance platform called AmberChain.

In 2022, Amber Group acquired a Japanese crypto exchange called DeCurret and rebranded it as Amber Japan. This acquisition was part of Amber Group’s strategy to expand its presence in the Japanese market.

Now, Sony is reportedly acquiring Amber Japan’s crypto exchange license and a team of around 30 employees. According to a press release on PR Times, Sony will relaunch the exchange with a new app.

This acquisition will enable Sony to enter the cryptocurrency exchange market in Japan and offer a fiat on-ramp for cryptocurrencies like Bitcoin and Ethereum.

Harambe AI Token Launch Details

While Sony’s entry into the crypto space is grabbing headlines, another highly anticipated event in the cryptocurrency world is the launch of Harambe AI Tokens.

These tokens, created by a team of crypto enthusiasts, have been generating a lot of buzz since October 2023. Harambe AI Tokens are designed to combine the potential of artificial intelligence with blockchain technology.

During the token’s presale phase, which concluded recently, Harambe AI Tokens managed to sell out all the available tokens, amassing a total of over $9 million inわずかな時間で売り切れとなり、900万ドル以上を記録。

This successful presale, which was 30 times oversubscribed, highlights the strong interest and trust in the Harambe AI token. With a strong community behind them, Harambe AI is now preparing for their official launch on the 16th of July, 2024. Stay tuned for this exciting event!

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