Progmat Taps Avalanche for $2B Token Migration as Japan Pushes Toward Global On-Chain Finance

TLDR: Progmat is migrating 439.6 billion yen in tokenized assets from Corda5 to Avalanche, targeting full completion by June 2026. All Security Token projects on Progmat’s platform will become EVM-compatible, enabling integration with Ethereum-based DeFi ecosystems. Project Keystone uses LCP technology to enable DvP settlement between Security Tokens and stablecoins across different blockchains. Avalanche’s sub-second [...]

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