IDA, PROGMAT, Datachain and TOKI join the STADLECOIN transfers for Hong Kong – commercial efficiency in Japan
Hong Kongand March 21, 2025 / PRNEWSWIRE/ – Ida Finance Hong Kong Limited (IDA), a leading digital asset company based in Hong KongProgmat Inc. (Progmat), supported by the digital asset platform Japan The largest banking groups and technology companies, Datachain, Inc. (Datachain), a pioneering company in Blockchain in JapanToki Fzco (TOKI), a chain infrastructure provider, announced a strategic partnership to develop evidence of the concept (POC) to enable Stablecoin -based border use Hong Kong and Japan.
POC seeks to provide an applicable alternative to start import/export deals and settle Japan and Hong Kong Using Blockchain technology. Both regions are placed as attractive destinations for Stablecoin and relevant activities. This initiative clarifies a strong commitment to creating a safe and effective framework for digital assets, with the support of organizational clarity from both Hong Kong and Japan Regarding the development of Stablecoin.
According to the Hong Kong Trade Development Council (HKTDC), Japan He was Hong Kong The fifth largest commercial partner in 2023[1]Which makes it one of the largest markets for imports and exports. With the emergence of Stablecoins as an applicable alternative to traditional transformation methods, along with the organizational clarity of the nails in both regions, the possibility of growth in this field is enormous. Sean LeeIDA co -founder.
This POC will assess improvements and benefits compared to current trade methods while addressing organizational considerations and compliance. As a starting point, IDA, PROGMAT, Datachain and TOKI will select a test user to start the cross -paying application using the Japanese -yen Palin and Hong Kong. The parties will ensure a successful receipt for both Stablecoins and FIAT Funds through local partners outside the slope. The Foundation and Development will maintain strong monetary management and reserve support 1: 1 transparent, and accurately adhere to organizational compliance according to Hong Kong system. PROGMAT will provide management and management in Stablecoin, currency dodges. Datachain will support the development and implementation of a Stablecoin exchange across the border. TOKI will benefit from its experience through the series to enable the smooth series transactions.
About Ida Finance Hong Kong Limited (IDA)
IDA is the leading digital asset technology company that leads the Blockchain financing on a large scale and enables companies to integrate smoothly between Web2 and Web3.
IDA will launch a Stablecoin product designed to pay a bachelors connection to the digital trading and payments between Hong Kong And global markets, 7/24/365. To maintain the highest level of security and stability, all the fully traded Stablecoins will be supported by at least 100 % reserves in the organization Hong Kong The institutions approved on the basis.
To increase the impact of the network for the Stablecoin project for local use and border, IDA cooperates with the main players in the industry to facilitate the mining, redemption, and wide acceptance of Stablecoins as a digital currency and settlement.
More information can be found in Idafi.xyz / LinkedIn / X
About Progm Inc. (Progmat)
Progmat is a startup that builds infrastructure for digital assets that can transfer the financial system. Through the task of “connecting the community to the programmable network, and the congestion of every value”, Progmat offers the version and management platform for symbolic securities, niches, and facilities symbols, while following partnerships to expand the global use of digital assets. Progmat, as an independent company supported by many major institutions in the national financial markets, offers the ecosystem of digital assets across many industries by managing joint digital assets, which includes more than 200 members. For more information, please visit https://progmat.co.jp/en/.
About Datachain, Inc. (Datachain)
Datachain, founded in 2018, is a technical company that converts the Blockchain overlapping and Stablecoin level. In cooperation with Progmat, Datachain is involved in developing the Stablecoin platform and is currently focusing on marketing these initiatives using Stablecoins on the PROGMAT platform. In addition, Datachain provides an infrastructure across the chain using IBC in partnership with TOKI and participates in multiple projects with companies and global web3 initiatives. For more information about Datachain, please visit https://www.datachain.jp/.
About toki fzco (toki)
TOKI provides a very safe infrastructure for the crossed chain that connects ETHEREUM and BNB, its optimism, definition and other major cases while unifying liquidity gatherings through it. This allows original symbolic symbolism with a single click between these networks, which enhances the interim operation. in February 2025TOKI launched the series Bridge app via the first party based on this infrastructure, which is now working on Mainnets ETAREUM and BNB series. For more information about Datachain, please visit https://toki.finance/.
Media communication
Progmat – https://progmat.co.jp/en/contact/
Datachain – contact@datachain.jp
Toki – contact@toki.finance
