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MUFG diluted in Progmat digital securities funding. Motivations clarified - Ledger Insights - blockchain for enterprise

Summary by Ledger Insights
Earlier this week Japan’s Progmat digital securities platform announced a new funding round featuring three new investors. The platform was originally founded by Japan’s largest bank, MUFG, but with this latest funding the bank’s shareholding was diluted from 49% to 42%. The amount of the ‘pre Series A first closing’ was not disclosed. The new […] The post MUFG diluted in Progmat digital securities funding. Motivations clarified appeared first o…
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Ledger Insights broke the news in on Friday, April 11, 2025.
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