Hassan Maishera
On Wednesday, the Avalanche Foundation announced via a blog post that Japan’s largest tokenized securities platform chose Avalanche to house its tokenized real estate and corporate bonds.
Progmat, Japan’s largest security token (ST) platform, is preparing for a landmark technical migration from Corda to a dedicated Avalanche Layer 1 (L1). Through this transition, more than $2B in tokenized real estate assets and corporate bonds will move onto Avalanche infrastructure, marking one of the most significant public blockchain expansions of regulated financial products in the region.
This expansion is driven by the rapid growth of the Japanese digital securities sector, which is expected to exceed ¥1.05 trillion ($7B+) by the end of 2026. Supporting this next phase requires infrastructure capable of handling institutional-grade throughput, compliance requirements, and long-term growth.
By deploying a dedicated Avalanche L1, Progmat is establishing scalable public blockchain rails designed for the trillion-yen era of digital finance.
By deploying a dedicated Avalanche L1 through AvaCloud, Progmat gains the ultimate competitive edge:
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EVM Compatibility: All security tokens issued through Progmat will be EVM-compatible, enabling composability with the broader public blockchain ecosystem and positioning Japanese digital securities within global liquidity environments.
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Sub-Second Finality: Avalanche’s sub-2-second finality ensures that transactions settle instantly, eliminating the multi-day lag of traditional finance.
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Application-Specific Network Control: Using a dedicated Avalanche L1 enables the ecosystem to maintain independent rule sets and governance tailored to the compliance needs of regulated financial entities.
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is up 10.4% today and currently trades at $9.4 per coin.
