Today· 13 JulIntegration

Progmat L1 Launch

High8.0

◆ Description

Progmat completes migration of ¥452B+ ($2.7B+) in regulated Japanese digital securities to an Avalanche L1, making ownership transfers 3–5x faster.

◆ Why it matters

Progmat's completed migration of over $2.7 billion in regulated Japanese digital securities onto an Avalanche L1 validates Avalanche's institutional-grade L1 architecture with measurable 3–5x faster settlement. This is a concrete, high-value enterprise adoption event that strengthens AVAX's positioning as a go-to platform for regulated institutional use cases. The scale of assets migrated and the regulatory context make this a notable credibility catalyst for AVAX's enterprise narrative.