Japanese payments powerhouse TIS Inc. has unveiled its Multi-Token Platform, developed in collaboration with Ava Labs on the Avalanche blockchain.

Announced on October 28, 2025, the platform is designed to enable banks and corporations to issue, manage, and settle stablecoins, tokenized deposits, and other digital assets efficiently. This move comes as Japan continues to embrace Web3 technologies, following recent approvals for yen-pegged stablecoins and regulatory updates to the Payment Services Act.

TIS, a Tokyo-based firm with nearly $4 billion in annual revenue, is a dominant force in Japan's financial infrastructure. The company processes a staggering volume of transactions through its PAYCIERGE system, making it an ideal partner for bridging traditional finance with decentralized solutions. By leveraging Avalanche's custom Layer 1 network via AvaCloud, the platform offers high scalability, instant finality, and low costs, addressing key pain points in institutional asset management.

The launch will position the Avalanche network as a go-to choice for enterprise blockchain applications in the region. As TIS plans to collaborate with more financial institutions and government entities, this platform could redefine how trillions in payments are handled digitally, signaling a new era for Japan's fintech landscape.