Progmat's Vision for On-Chain Japanese Government Bonds and 24/7 Repo Transactions

On May 8, 2026, the Digital Asset Co-Creation Consortium (DCC) hosted by Progmat announced the commencement of a joint examination on 'Tokenized Government Bonds and On-Chain Repo Transactions'.

In conjunction, Tatsuya Saito, CEO of Progmat, provided a detailed explanation on his personal note page. Progmat is a startup that provides blockchain-based infrastructure.

Related: What is Progmat? An in-depth explanation of its blockchain infrastructure supporting digital securities and stablecoins

Based on this explanation, the article discusses the unique hurdles Japan must overcome for commercialization, and the mechanisms behind realizing tokenized government bonds.