The Multi-Token Platform marks a major step in Japan’s transition to programmable, cashless finance through Avalanche’s AvaCloud technology.
Japanese payment systems provider TIS Inc. has partnered with Ava Labs to launch the Multi-Token Platform, a next-generation blockchain infrastructure to power Japan’s financial system.
Built via AvaCloud, the enterprise-grade platform enables regulated institutions to settle and manage tokenised deposits, stablecoins, and securities on Avalanche with full compliance and performance controls.
The collaboration represents a key milestone in Japan’s nationwide effort to advance programmable, cashless finance, connecting trusted financial infrastructure with the efficiency and interoperability of blockchain.
For decades, TIS has been at the core of Japan’s payments network, supporting half of all domestic credit card transactions and more than 80% of branded debit accounts. The new Multi-Token Platform builds on this legacy by extending TIS’s proven financial backbone into permissioned, programmable networks capable of processing over 50,000 transactions per second.
“Avalanche was built for this exact moment, where proven financial institutions can extend their trusted systems into programmable, interoperable networks,” said John Nahas, Chief Business Officer at Ava Labs. “This collaboration with TIS showcases how Avalanche’s speed, scalability, and reliability can power Japan’s next generation of digital finance.”
“TIS’s Multi-Token Platform, built on AvaCloud, is the breakthrough solution institutions have been waiting for,” said Nick Mussallem, CEO of AvaCloud. “It unites TIS’s legacy of financial trust with our high-performance, compliant blockchain infrastructure – finally giving financial leaders the confidence to operate at scale.”
“We are delighted to jointly announce the Multi-Token Platform,” said Isao Otokita, Managing Executive Officer of TIS Inc. “By combining AvaCloud’s innovation with TIS’s long-standing financial expertise, we have built a robust, real-world-ready foundation for Japan’s digital finance ecosystem.”
Stay updated on the crypto space by following our socials
