Progmat Moves $2.7B in Japanese Tokenized Securities onto Avalanche
Team1 Korea (team1-korea) highlighted Progmat's migration of $2.7 billion in Japanese tokenized securities to Avalanche. Lynq Network added ZeroBeta integration letting tokenized Treasuries back institutional loans, and Team1 Türkiye closed its first AI-agent hackathon with 11 finalists.
Key Highlights
team1-korea highlighted Progmat moving $2.7 billion in Japanese tokenized securities onto Avalanche, per the Oct. 25 post.
Lynq Network's ZeroBeta integration lets tokenized U.S. Treasuries on Avalanche serve as collateral for institutional loans while earning interest.
Team1 Türkiye and OKX TR closed their first AI-agent hackathon: 60+ developers, 30 projects in 16 hours, 11 finalists.
Team1 Break Ep. 03 is scheduled for Wednesday, Oct. 28 at 12PM CST with HydroCoin, YourGrails, Engfyi, DiveChain and TheGrotto.
Avalanche TVL stood at $563.6M with $59.89M in 24-hour DEX volume; $JOE gained 3.3%.
Full Analysis
Bitcoin's rebound above $80K and returning ETF inflows set a firmer macro tone into Wednesday, but the Avalanche story over Oct. 25–27 was institutional rails and builder output rather than price. Chain TVL sat at $563.6M with $59.89M in 24-hour DEX volume, while $JOE (+3.3%), $WAVAX (+2.7%) and $sAVAX (+2.3%) led gainers and $COQ (-2.8%) and $XAVA (-1.6%) lagged.
Progmat's $2.7B Tokenized Securities Move
Team1 Korea (team1-korea) on Oct. 25 highlighted Progmat's shift of $2.7 billion in Japanese tokenized securities onto Avalanche, describing the setup as letting financial institutions migrate existing products to blockchain infrastructure. The figure is the one Team1 Korea cited; no independent confirmation of the on-chain total was included in the post. The item lands as tokenization momentum builds elsewhere in crypto — DBS reporting heavy tokenized-cash use among large businesses and Securitize adding Stellar — giving Avalanche a Japanese securities datapoint in the same week.
Lynq Ties Tokenized Treasuries to Institutional Credit
Lynq Network's integration with ZeroBeta, published Oct. 27, lets tokenized U.S. Treasuries on Avalanche serve as collateral for institutional loans and trading positions while continuing to earn interest. The design keeps yield-bearing collateral working inside borrowing and trading workflows rather than parking it idle. Lynq did not disclose the size of the collateral pool or named counterparties in the announcement.
Türkiye Hackathon Closes With 11 Finalists
Team1 Türkiye, working with OKX TR, wrapped its first AI-agent hackathon, published Oct. 26. More than 60 developers built 30 AI-agent projects on Avalanche in 16 hours, and 11 finalists were selected. The event follows the Agentic Hackathon Ankara that opened earlier in October with 60+ developers building via ATK, extending a run of AI-agent builder activity in the Turkish community.
Team1 Break Ep. 03 Sets Five Builders for Wednesday Space
Team1 USA promoted Team1 Break Ep. 03, a five-guest X Space scheduled for Wednesday, Oct. 28 at 12PM CST, featuring builders behind HydroCoin, YourGrails, Engfyi, DiveChain and TheGrotto. The lineup mixes onchain utility projects across payments, digital collectibles and tooling. It is the third installment of the format.
LatAm Push: Salta Hackathon and Blerify Space
Team1 LatAm (team1-latam) on Oct. 26 promoted a Blerify cofounder Space, an Argentina Space Hackathon in Salta, and Avalanche institutional infrastructure. The same account retweeted Avalanche team content on Oct. 25 without added commentary. The Salta event and Blerify Space were announced in that Oct. 26 post; no outcome was reported in the window covered here.
Elsewhere, Aave V4 on Base topped $11.2 million in deposits of Coinbase-issued tokenized stocks, per a chart shared by @baseposting and amplified by Base lead base-blockchain — a Base milestone, not an Avalanche one, but a marker of how tokenized-equity collateral is spreading across chains. On Avalanche, Aave V3 held $297.30M of the chain's TVL, with Uniswap V3 at $5.32M.
What to watch: Team1 Break Ep. 03 is set for Wednesday, Oct. 28 at 12PM CST, with the HydroCoin, YourGrails, Engfyi, DiveChain and TheGrotto teams on the mic.