Japan's largest tokenized securities platform Progmat to migrate more than $2B of RWAs to Avalanche
Progmat, Japan's largest tokenized securities platform, will migrate more than $2 billion in tokenized real estate and corporate bonds to Avalanche (@Avax). The assets will move onto a dedicated Avalanche Layer-1 subnet designed for institutional compliance and cross-border settlement. The shift is described as the largest single migration of sovereign-grade real-world assets (RWAs) to a public blockchain ecosystem to date.