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<h2 class="wp-block-heading" id="tldr">TLDR</h2><ul class="wp-block-list"><li>Progmat moving ¥439.6B tokenized securities from Corda 5 to Avalanche.</li><li>Goal: EVM compatibility for better composability while keeping institutional safeguards.</li><li>Part of multi-chain expansion adding cross-chain settlement functionality; completion by June 2026.</li></ul><figure class="wp-block-image aligncenter size-full"><a rel="noopener noreferrer nofollow"></a><figcaption class="wp-element-caption"></figcaption></figure><p>Progmat is migrating approximately ¥439.6 billion (about $2 billion) in tokenized securities from Corda 5 to Avalanche Layer-1, <a href="https://www.datachain.jp/news/partnership-with-progmat-avalanche?utm_source=openai" rel="noopener noreferrer nofollow">according to Datachain’s partnership announcement</a> (datachain.jp). The programme covers its digital securities platform, Progmat ST, and targets completion by the end of June 2026, the same source notes.</p><p>The stated objective is to make issued securities EVM-compatible to improve composability across the public blockchain ecosystem while retaining institutional safeguards, per the same announcement. The shift is part of a broader multi-chain expansion that includes cross-chain functionality for settlements.</p><h2 id="whatchangesandwhatstaysthesameforinstitutions">What changes and what stays the same for institutions</h2><p>What changes is the execution environment: moving to an EVM-compatible public L1 can streamline smart contract development and integration with widely used tooling. It may also broaden interoperability with infrastructure that supports ERC standards, subject to issuer and regulator constraints.</p><p>What stays the same is the emphasis on regulatory-grade controls. Institutional whitelisting, validator permissioning, and compliance features remain central to the model as Progmat transitions to a public chain, <a href="https://pacific-meta.co.jp/magazine/web3-news/145444/?utm_source=openai" rel="noopener noreferrer nofollow">as reported by Pacific Meta</a> (pacific-meta.co.jp).</p><p>Progmat frames the move as an operational upgrade to its issuance and management stack rather than a change in compliance posture. “As part of this initiative, Progmat will expand its digital asset issuance and management platform … to support multiple blockchains and cross-chain features. Specifically, Progmat will first migrate its digital securities issuance and management platform, Progmat ST, from … Corda 5 … to Avalanche L1,” said Tatsuya Saito, CEO of Progmat.</p><h2 id="fromcorda5toavalanchel1keydifferences">From Corda 5 to Avalanche L1: key differences</h2><p><a href="https://www.ainvest.com/news/institutional-adoption-technical-advantages-drive-avalanche-recovery-2602/?utm_source=openai" rel="noopener noreferrer nofollow">As noted by AInvest News</a> (ainvest.com), Avalanche emphasizes fast block times and low fees; the plan also contemplates a cross-chain layer using IBC and an interoperability protocol called LCP to enable DvP/PvP. In this context, Delivery-versus-Payment means exchanging a security token only when payment settles, while Payment-versus-Payment synchronizes two payments across networks.</p><p>At the time of this writing, Avalanche’s native token (AVAX) traded near $8.91 with high short-term volatility around 8.92% and a neutral RSI14 near 47.6. Those figures provide market context and do not alter the migration’s regulatory or technical scope.</p><figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td><em><strong>Disclaimer:</strong></em><br><em><br>The content on <a href="https://defiliban.com/" rel="noopener noreferrer nofollow">defiliban.com</a> is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.</em></td></tr></tbody></table></figure><a href="https://defiliban.com/avalanche-secures-progmat-migration-from-corda-by-2026/" rel="noopener noreferrer nofollow">Read original article on defiliban.com</a>

Avalanche secures Progmat migration from Corda by 2026

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