Tokenized securities platform Progmat plans to migrate to the Avalanche blockchain

Jinse Finance reported that Japanese tokenized securities platform Progmat announced a partnership with Ava Labs, planning to migrate its underlying infrastructure to the Avalanche L1 blockchain, with the migration expected to be completed by the end of June 2026. The core objective of this transformation is to migrate existing and future issued security tokens to an Ethereum-compatible blockchain architecture, in order to enhance interoperability with various permissionless public blockchains.