Wu Shuo learned that, according to the official Avalanche blog, Japan's largest security token (ST) platform Progmat is planning to migrate from Corda to a dedicated Avalanche L1, involving over $2 billion in tokenized real estate assets and corporate bonds. Progmat stated that Avalanche L1 supports EVM compatibility, low-latency confirmation, and customizable governance rules, aiming to provide greater scalability for Japan's compliant digital securities market; the integration of the related Avalanche L1 is expected to be completed by the end of June 2026.