Progmat, an organization striving to establish Japan’s digital asset infrastructure, is launching a dedicated Avalanche Layer 1 to leverage its built-in privacy features, directing over $2 billion of real-world assets (RWAs) to the platform. This move aligns with Japan’s ongoing efforts to integrate blockchain technology into its financial ecosystem, reflecting a broader trend where blockchain platforms like Avalanche are increasingly used by institutions to tokenize real-world assets, thereby improving liquidity and accessibility.
Progmat to launch dedicated Avalanche Layer 1 for $2B RWA expansion
