According to CoinPost, the digital asset issuance and management platform Progmat announced that it has completed the migration of all security token projects to Avalanche L1, with a total migrated project value exceeding 452.0 billion yen. After the migration, the relevant projects have fully shifted to an EVM-compatible environment; the processing speed for rights transfers has improved by 3 to 5 times compared with before, and the settlement confirmation time has been reduced to within 2 seconds. Progmat has publicly disclosed 45 security token projects, involving an amount exceeding 231.3 billion yen.

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ACalmnessWithAHintOfPomelo
· 07-13 02:23
With EVM compatibility and a 3–5x speed increase, Progmat has made a brilliant move—lowering the entry threshold for institutions and pulling them in directly.
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YieldCartographer
· 07-13 02:05
A 2-second settlement is definitely great—traditional finance is left speechless.
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GateUser-4c2c8c4b
· 07-13 02:04
Wait—45 projects, 231.3 billion, migrated over 452 billion? Is that moving all the old projects over and also adding new projects? The data is kind of interesting.
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