Question 1

How much did Progmat move to Avalanche, and from where?

Accepted Answer

Progmat migrated every active project on its platform, more than ¥452 billion (over $3 billion) in underlying assets, from R3's Corda ledger to a dedicated Avalanche Layer 1.

Question 2

Are the tokenized securities now freely tradable by the public?

Accepted Answer

No. The securities remain regulated and the institutions handling them stay supervised; EVM compatibility gives developers access to Ethereum-based tools but does not make the tokens available to public wallets, and the network remains application-specific rather than an open retail venue.

Question 3

What is Progmat planning next?

Accepted Answer

Progmat launched a working group in May 2026 to study putting Japanese Government Bonds on public blockchains using stablecoin-based repo transactions, with a report planned for October 2026 and a commercialization project targeted before the end of the year.

Progmat

Japan’s Progmat moves $2B+ of tokenized securities to Avalanche

One sharp brief.
Every day.

Progmat

Japan’s Progmat moves $2B+ of tokenized securities to Avalanche

One sharp brief.Every day.

One sharp brief.
Every day.