Agreements reached under this partnership
Business alliance- 1
A GK-type virtual fund, with KST serving as the asset manager and the business operator receiving TK investments
- 2
To have KDX serve as the ST investor and stablecoin user
- 3
To issue STs on Avalanche C-Chain using Progmat's standard smart contract for public blockchains, compliant with CMTAT
- 4
To issue SCs on Avalanche L1 using the specifications for trust-type SCs contemplated by SMFG
- 5
To use the cross-chain DvP solution jointly provided by Progmat, Inc. and Datachain, Inc.
- 6
After commercialization, to prepare the wallet application for ST investors expected to be provided by KST, using WaaS
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
| Item | Details |
|---|---|
| Name of alliance partner | ケネディクス株式会社, KDX ST Partners Co., Ltd., Progmat, Inc., Datachain, Inc. |
| Alliance partner's business activities | KDX ST Partners Co., Ltd.: Expected to serve as the asset manager and provide the wallet application, Progmat, Inc.: Provision of Progmat, a digital asset issuance and management platform, and joint provision of a cross-chain simultaneous settlement (DvP) solution and WaaS, Datachain, Inc.: Businesses involving stablecoins, tokenized deposits, Web3 wallets for businesses, cross-chain infrastructure and privacy infrastructure, among others, Kenedix, Inc.: Not disclosed |
| Alliance partner's location | Datachain, Inc.: 35th Floor, Roppongi Grand Tower, 3-2-1 Roppongi, Minato-ku, Tokyo |
| Type of alliance | Business alliance |
| Details of the alliance | A GK-type virtual fund, with KST serving as the asset manager and the business operator receiving TK investments, To have KDX serve as the ST investor and stablecoin user, To issue STs on Avalanche C-Chain using Progmat's standard smart contract for public blockchains, compliant with CMTAT, To issue SCs on Avalanche L1 using the specifications for trust-type SCs contemplated by SMFG, To use the cross-chain DvP solution jointly provided by Progmat, Inc. and Datachain, Inc., After commercialization, to prepare the wallet application for ST investors expected to be provided by KST, using WaaS |
| Alliance start date | The collaboration was announced on 31 July 2026. The specific start date is Not disclosed |
Items this document does not state (17)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To pursue new product features for asset-backed digital securities and the potential for more sophisticated financing and asset management toward commercialization.