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HashPort, engaged in Web3 Wallet development and other businesses, has announced a capital and business cooperation agreement with KDDI, Japan's second-largest telecommunications company. KDDI has acquired over 20% of HashPort's shares through a third-party private placement, making HashPort a company applicable under the equity method. Both parties will work together to promote the practical application of Web3 in society. Starting from December 1, users can exchange Ponta points for stablecoins or encryption assets in the HashPort Wallet, and further exchange them for au PAY gift cards to recharge KDDI's payment services. The wallet supports multiple chains and the Japanese yen stablecoin JPYC. (CoinDesk)