Z Corporation, a subsidiary of Yahoo Japan, and TaoTao have begun negotiations with Binance for strategic partnerships in the Japanese market.
Z Corporation Inc. (Z Corp) is a wholly-owned subsidiary of Z Holdings Corporation (the Softbank subsidiary formerly known as Yahoo Japan Inc.
TaoTao Inc. is Japanese licensed cryptocurrency exchange and a portfolio company of Z Corp.
Both have entered into a strategic partnership discussion with Binance Holdings Limited (Binance), the leading global cryptocurrency exchange.
Binance want to launch trading services for users in Japan and this could be just the ticket to get there.
The price of Binance shot up by over 10% off the back of the news.
The price is $18 at the time of writing, its highest value since November 2019.