HashPort, a developer of Web3 wallets, has entered into a capital and business alliance with KDDI, Japan's second-largest telecom company. KDDI has acquired over 20% of HashPort's shares through a third-party allotment, making HashPort an equity-method affiliate. The partnership aims to advance the practical application of Web3 technologies in society. Starting December 1, users can convert Ponta points into stablecoins or cryptocurrencies via the HashPort Wallet, and further exchange them for au PAY gift cards to recharge KDDI's payment services. The wallet supports multiple blockchains and the Japanese yen stablecoin JPYC.