progmat

ChainCatcher Новости, крупнейшая платформа выпуска и управления токенами ценных бумаг в Японии Progmat завершила миграцию на блокчейн Avalanche, перенесла все управляемые токенизированные активы стоимостью более 4,52 трлн иен (около 2,7 млрд долларов США) с разрешенной цепи на основе Corda 5 на собственный Avalanche Layer 1. Эта миграция была объявлена в феврале этого года и завершена в соответствии с планом, не повлияв на нормальную работу финансовых учреждений.Progmat заявила, что новая архитектура больше не зависит от одной блокчейн-сети и может поддерживать многосетевое расширение в будущем, все смарт-контракты были перенесены в среду EVM, при этом скорость обработки передачи прав на активы увеличилась в 3-5 раз, а время окончательного подтверждения транзакций сократилось до менее 2 секунд. Progmat изначально была инкубирована крупнейшим банком Японии Mitsubishi UFJ Trust Bank (MUFG) и начала независимую деятельность в 2023 году, в настоящее время поддерживается крупными финансовыми учреждениями Японии, такими как Mizuho Bank, Токийская фондовая биржа, SBI и занимает 53% доли рынка токенов ценных бумаг в Японии, составляя 64,6% от общего объема выпуска токенов ценных бумаг, охватывая большую часть токенизированной недвижимости и проектов корпоративных облигаций.Кроме того, в мае этого года Progmat создала рабочую группу по токенизации японских государственных облигаций и цепочному выкупу (Repo), объединив управляющие активами компании, банки и брокерские фирмы для исследования токенизации японских государственных облигаций и изучения таких сценариев применения, как круглосуточная торговля и T+0 реальное расчет.

ChainCatcher news, Hong Kong digital asset company IDA announced a strategic partnership with Japan's banking group Progmat, blockchain company Datachain, and cross-chain infrastructure provider TOKI FZCO to jointly develop a proof of concept (PoC) for cross-border application scenarios based on stablecoins between Hong Kong and Japan. It is reported that the relevant stablecoins will be used under the compliance requirements of Hong Kong's regulatory framework, priced in Japanese yen and Hong Kong dollars. IDA has previously collaborated with East Asia Bank to explore the feasibility of widely adopting digital finance with a 1:1 Hong Kong dollar-pegged stablecoin.

ChainCatcher News, Japanese conglomerate DMM Crypto and Progmat have announced that they have begun joint research to issue a stablecoin that complies with the revised Payment Services Act.This unique stablecoin is initially planned for use in the digital economic zone envisioned by the DMM Group, the "Seamoon Protocol." The goal is to expand the token economy and increase the value of SMP by combining it with the unique crypto asset (virtual currency) "Seamoon Protocol (SMP)."It is stated that the plan will advance the use of the stablecoin in three phases. The first phase aims to stabilize the price of SMP and develop the economic zone; the second phase will expand its use as a means of payment between DMM Group companies; the third phase will use it as a payment method between whitelisted business partners and as a payment method for verified users (such as gamers).

ChainCatcher news, according to Coinpost, Japan's Mitsubishi UFJ Trust and Banking Corporation announced that it will begin collaborating with Binance Japan and Progmat to jointly launch a new stablecoin, which will be denominated not only in Japanese yen but also in foreign currencies such as the US dollar.It is reported that the new stablecoin will be created using the stablecoin platform Progmat Coin under Mitsubishi UFJ Trust and Banking Corporation, and it will serve as the core of the Coin Security Sphere ecosystem in collaboration with the Japanese market.

ChainCatcher news, Japan's largest financial institution, Mitsubishi UFJ Financial Group (MUFG), is in talks with stablecoin issuers and other companies to issue stablecoins through its blockchain platform. MUFG's Vice President of Products, Tatsuya Saito, stated in an interview that the institution is discussing the use of its blockchain platform Progmat to issue stablecoins pegged to foreign currencies (including the US dollar) for global use.It is reported that Japan's stablecoin law is one of the earliest stablecoin laws among major economies, which came into effect on June 1, meaning that only licensed banks, registered remittance agents, and trust companies in the country can issue tokens. (source link)

ChainCatcher news, the IBC-supported cross-chain bridge TOKI tweeted that it has partnered with Japan's largest financial group Mitsubishi UFJ Financial Group (MUFG) and its stablecoin platform Progmat, as well as blockchain interoperability startup Datachain, to bring the yen stablecoin to public blockchains. As of June 1, the revised Payment Services Act has been implemented, which facilitates the issuance and circulation of stablecoins compliant with Japanese law.According to the law, Progmat plans to issue the yen stablecoin on multiple blockchain networks such as Ethereum, Cosmos, and Avalanche in the second quarter of 2024, allowing users to conduct cross-chain swaps, cross-chain payments, cross-chain lending, and other cross-chain transactions. Before that, TOKI will launch the cross-chain bridge by the end of 2023. (source link)