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Progmat, the MUFG-backed digital securities issuance platform, announced on the 13th it has completed migrating all security token deals worth over ¥452 billion to an Avalanche L1, with rights-transfer processing speeds improving 3-5x versus the prior infrastructure. The move puts one of Japan's largest regulated tokenization pipelines on an EVM-compatible chain, reinforcing Avalanche's institutional RWA positioning and a potential structural demand narrative for AVAX. Watch whether new ST issuance volume on the chain accelerates and whether other Japanese trust banks follow with similar migrations.
As a Crypto signal, watch whether it changes price action, volatility, or flows around AVAX.
Original Source: CoinPost
This page is market information analysis, not investment advice.
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