TIS, one of Japan’s leading payments technology firms, has rolled out a blockchain-based infrastructure intended for the issuance and administration of stablecoins and other tokenized financial assets. The platform, formally announced on October 28, 2025, is titled the Multi-Token Platform and was created in collaboration with Ava Labs, running atop Avalanche’s AvaCloud stack. The move is being interpreted as a key step in Japan’s acceleration toward regulated digital finance built on blockchain rails.
The unveiling aligns with the timing of Japan’s amended stablecoin legislation, which has unlocked the ability for banks and licensed financial entities to issue fiat-backed stablecoins under a supervision regime that includes consumer safeguards and compliance obligations. The Multi-Token Platform supplies these institutions with compliant tools that allow them to mint tokens, perform settlements on-chain, and manage asset lifecycles without exiting the scope of the country’s regulatory perimeter.
Avalanche Infrastructure Powers High-Scale, Regulated Use Cases
Avalanche’s AvaCloud underpins the technical layer, providing a high-throughput and low-latency environment that is positioned to support enterprise-grade payment and capital market applications. TIS designed the platform with a modular structure so that multiple forms of digital value can be created and circulated, ranging from yen-denominated stablecoins to tokenized securities and enterprise loyalty tokens. This design makes the platform applicable to both public and private sector workloads and positions it as a foundational layer in Japan’s tokenized asset stack.
Analysts view the initiative as consistent with Japan’s broader policy of digitalizing financial infrastructure and establishing state-aligned blockchain settlement layers. The platform is expected to reduce back-office overhead, raise transparency in transaction flows, and compress the cost basis associated with the management of digitized instruments. A major pain point in Japanese fintech — the lack of interoperability across parallel systems — is addressed by the platform’s unified framework for connecting blockchain payments and settlement functions.
This is a big deal.
The company that powers ~50% of Japan’s credit card payments, TIS, just deployed on Avalanche🧵: pic.twitter.com/kyTFSKoYdo
— Avalanche🔺 (@avax) October 28, 2025
Partnership Framed as a Template for Regulated Blockchain Adoption
Ava Labs has characterized the collaboration as illustrating how legacy financial infrastructure can migrate toward blockchain environments that preserve both compliance guarantees and system integrity. Observers suggested that the partnership reflects Japan’s policy stance of advancing innovation without relaxing regulatory norms, thereby ensuring that tokenized products exist inside controllable legal parameters.
Market commentators also noted that the launch could accelerate the entry of additional institutions into blockchain deployments within Japan, potentially intensifying competitive dynamics in the issuance of regulated stablecoins. Given expanding global interest in digital currencies and tokenized capital markets, Japan’s regulatory clarity is seen as a differentiator that could elevate the country’s standing within Asia’s digital finance landscape.
Institutional Bridge Between Banking and Tokenization
With its stress on performance, rule compliance, and institutional readiness, the TIS Multi-Token Platform is being viewed as a proof-of-concept for how financial technology providers can connect traditional banking stacks with programmable blockchain architectures. The cooperation between TIS and Ava Labs is also being interpreted as evidence of a wider industrial trend toward cross-sector partnerships between incumbent financial firms and blockchain engineering specialists — a trend that may shape the next phase of Japan’s shift toward a tokenized economy.