Organisations · Fintech or technology firm · Japan · progmat.co.jp/en/
Progmat
Tokyo-based joint venture of Japanese banks and partners that runs the Progmat platform for issuing and managing security tokens, stablecoins and other digital assets.
Headquarters: Japan · used for “firms based in” filters (how location works)
Deployments
Each row is a sourced claim on that deployment's record. The evidence column shows the source and its grade; the numbers link to the full list below.
| Deployment | Role | Status | Evidence | Last reviewed |
|---|---|---|---|---|
| MUFG, SMBC and Mizuho jointly issued yen stablecoin | Platform provider, Technology provider Applicant to the FSA-backed trial; provides the issuance infrastructure and technology to the trustee. | Proof of concept | C Impress Watch, 7 Nov 2025[3] | Reviewed 13d ago |
| MUFG on-chain Japanese government bond repo (Canton) | Technology provider, Legal or professional adviser, Platform provider | Announced | B MUFG, 13 Aug 2026[4] | Reviewed today |
| MUFG domestic tokenised investment trust pilot (Progmat) | Platform provider, Technology provider | Pilot | B Mitsubishi UFJ Asset Management, Mitsubishi UFJ Morgan Stanley Securities, Mitsubishi UFJ Trust and Banking and Progmat (joint release), 3 Sep 2026[5] | Reviewed 13d ago |
| Project Trinity stablecoin DvP for security token secondary trades | Platform provider, Technology provider Security token platform and bond register service; cross-chain technology with Datachain. | Pilot | B SMBC, Daiwa Securities, SBI Securities, SBI R3 Japan, ODX, BOOSTRY, Progmat, Datachain and SBI VC Trade (joint release), 6 Oct 2026[6] | Reviewed 13d ago |
| Progmat security token platform | Platform provider, Operator, Technology provider | Live (scaled) | B Avalanche, 10 Jul 2026[7] | Reviewed 21d ago |
Sources
- [1]【Progmat】Digital Asset Platform — Progmat. Accessed 11 Oct 2026.B
- [2]Establishment of Progmat, Inc. as National Infrastructure towards Digital Asset Market in Japan — Mitsubishi UFJ Trust and Banking, SMBC and partners (joint release), 11 Sep 2023. Accessed 11 Oct 2026.B
- [3]3メガバンクがステーブルコイン共同発行の実証実験 金融庁もサポート — Impress Watch, 7 Nov 2025. Accessed 12 Oct 2026. In Japanese; our summary is translated.C
- [4]Announcement of the Launch of a Proof-of-Concept for On-Chain Japanese Government Bond Repo Transactions — MUFG, 13 Aug 2026. Accessed 11 Oct 2026.B
- [5]Japan's first domestic tokenised investment trust set up and live-environment pilot begins — Mitsubishi UFJ Asset Management, Mitsubishi UFJ Morgan Stanley Securities, Mitsubishi UFJ Trust and Banking and Progmat (joint release), 3 Sep 2026. Accessed 18 Oct 2026. In Japanese; our summary is translated.B
- [6]Project Trinity, a proof of concept for DvP settlement with stablecoins in secondary security token trading, completes testing up to phase 2 (operational verification) — SMBC, Daiwa Securities, SBI Securities, SBI R3 Japan, ODX, BOOSTRY, Progmat, Datachain and SBI VC Trade (joint release), 6 Oct 2026. Accessed 18 Oct 2026. In Japanese; our summary is translated. Release PDF linked from the Progmat news page..B
- [7]Progmat is Now on Avalanche — Avalanche, 10 Jul 2026. Accessed 12 Oct 2026. Network operator's blog with Progmat's figures..B
Spotted something out of date or missing? Suggest a correction, ideally with a source.