PayPay Corp., the digital payment company under SoftBank Group, has completed an $880 million initial public offering in New York. Following the listing, the company's Chief Executive Officer stated that it remains open to the possibility of a dual listing on the Tokyo Stock Exchange. The American Depositary Receipts (ADRs) of this leading Japanese payment application closed their first day of trading in New York up 14% at $18.16, surpassing the IPO price of $16 per share. This performance values the company at approximately $12.1 billion. This IPO marks the largest U.S. listing by a Japanese company in the past decade and represents a significant positive development for SoftBank and its telecommunications subsidiary, which together hold a majority stake in PayPay Corp. In an interview, PayPay Corp. CEO Ichiro Nakayama indicated that while the U.S. listing currently meets the company's growth needs, it will remain flexible and consider a domestic listing in Japan in the future. "We have not ruled out this option at all," he said.