Progmat moves JPY 452B+ in digital securities to Avalanche L1 as rights transfers speed up to 5x
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Promote with Leviathan NewsProgmat migrated every active security-token project on its platform from a permissioned ledger to an Avalanche L1, moving more than JPY 452 billion without disrupting participating financial institutions. The EVM port makes rights transfers roughly 3-5x faster while covering 45 of Japan's 89 publicly disclosed ST projects. Next up is tokenized JGB repo with stablecoin-based 24/7 trading and T+0 settlement; Progmat plans an October 2026 report and a commercialization project before end-2026.
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