Sony Bank has spun off its Web3 business into a new subsidiary, aiming to deepen digital asset services and blockchain integration.

The move reflects growing interest from Japanese financial institutions to innovate in crypto custody, DeFi, and NFT domains.

By separating Web3 operations, Sony Bank aims to accelerate product development and strategic partnerships in digital asset infrastructure.

This transition expands the firm’s ability to serve institutional clients and retail investors with tailored blockchain solutions.

Sony is positioning itself for a stronger foothold in Japan’s emerging crypto ecosystem amid evolving regulations.