Progmat Moves $3B in Security Tokens to Avalanche
The shift brings 64.6% of Japan's security token issuance onto Avalanche and turns a major Mitsubishi UFJ spinoff into a real test of on-chain RWA rails at institutional scale.
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The shift brings 64.6% of Japan's security token issuance onto Avalanche and turns a major Mitsubishi UFJ spinoff into a real test of on-chain RWA rails at institutional scale.
The world's third-largest carmaker just moved stablecoin treasury settlement out of the sandbox, compressing a US-to-Mexico wire from three to four hours to roughly seven minutes.
The Avalanche Treasury Company CEO is using the public-market wrapper that turned MicroStrategy into a Bitcoin proxy to argue AVAX is undervalued versus its institutional use cases.
The leadership change lands while AVAX trades back near its launch-era levels, exposing how thinly staffed the treasury-pivot trade still is.
The SPAC vehicle behind it has swung from a structural discount to a deep one as its AVAX holdings slump, even after management called off its own going-concern warning.
More than 50,000 Club World Cup tickets have already shipped with onchain rights, and secondary-market turnover has crossed $15M — a rare real-world deployment that Ava Labs and FIFA are trying to…
The shell-company route handed AVAT a 38% first-day loss while AVAX itself barely moved — the gap says more about SPAC-discount unwind than the Avalanche thesis underneath.
Avalanche Treasury Co. is set to begin trading on Nasdaq under the ticker symbol $AVAT, marking a significant milestone…