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Progmat, Inc. (株式会社Progmat)

Confidence: Likely Updated 2026-05-21 Review by 2026-11-21 Sources 3 Machine-translated Original (JA)
#JapanFG#stablecoin#digital-assets#trust-bank#tokenization
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Wiki route

This entry sits under payment-firms INDEX. Read it with Three-Layer Structure of Japan's Stablecoin Regulatory Regime (JPYC, USDC, Project Pax) for adjacent context and payments index for the broader system boundary.

TL;DR

Progmat, Inc. is a digital asset issuance / management platform operator. In stablecoins it is important as the infrastructure behind the trust-type Progmat Coin / Project Pax line, but the company itself does not become a bank, trust company, or electronic payment instruments trading operator; the issuer remains on the regulated trust-bank side such as Mitsubishi UFJ Trust and Banking (MUTB).

1. Corporate / license boundary

ItemReading
Legal entityProgmat, Inc. (株式会社Progmat)
OriginA Mitsubishi UFJ Trust and Banking internal project; an independent company from 2023-10-02
Main lanesST / UT / SC platform, Progmat Coin, DCC consortium operations
Regulatory boundaryPlatform provider; token issuer / trustee / distributor roles are handled by participating regulated entities.

2. Business role

  • Provides tokenization platform rails for security tokens, utility tokens, and stablecoin infrastructure.
  • Connects MUFG trust-bank know-how, other megabank participants, NTT Data, JPX, and Datachain-style interoperability work.
  • Acts as the institutional, trust-type stablecoin / tokenized-asset platform counterpart to the funds-transfer-issued EPI model run by sibling operator JPYC Inc., distinct from non-bank exchange surfaces tracked in exchanges index.

3. Why this standalone page matters

The existing detailed page lives in fintech/, but JapanFG needs a company anchor because Progmat is a named Japanese financial-infrastructure operator with large-bank shareholders and stablecoin relevance.

Sources