TIS Inc., a major financial technology firm that processes approximately 50% of Japan’s credit card transactions, has launched its Multi-Token Platform on the Avalanche network. The deployment, facilitated by AvaCloud, marks a significant step in bridging Japan’s traditional payment systems with modern blockchain infrastructure.

Modernizing a Trillion-Dollar Payments Market

The move comes as Japan’s cashless payment sector experiences rapid growth, having more than doubled in the last five years. The nation’s total payment ecosystem is projected to surpass $6 trillion once fully digitized. By bringing a portion of this market on-chain, TIS aims to extend its trusted financial services into the realm of programmable finance.

For decades, TIS has been a cornerstone of Japan’s financial system. Its PAYCIERGE system processes back-office operations for credit, debit, and prepaid services, handling transaction volumes that exceed ¥300 trillion in personal consumption alone. The new platform transforms these legacy systems into a secure, permissioned blockchain network designed to meet the country’s stringent requirements for privacy and governance.

A Platform for a Digital Economy

The Multi-Token Platform provides a unified framework for issuing and managing a variety of digital assets, including stablecoins, tokenized deposits, and digital securities. By leveraging AvaCloud, TIS can focus on product innovation while the underlying blockchain infrastructure is managed and automated.

Isao Otokita, Managing Executive Director at TIS, explained that the platform is designed to accelerate “the social implementation of tokenization and its business deployment” by enabling safe and efficient asset management. Nick Mussallem, CEO of AvaCloud, noted that the project represents a pivotal moment, moving beyond experimental pilots and into production-ready infrastructure built for real-world scale.

Avalanche’s Growing Role in Enterprise Finance

This deployment aligns with a global trend toward tokenization and programmable finance, including central bank digital currency pilots and cross-border settlement solutions. The selection of Avalanche highlights the network’s increasing suitability for enterprise-level applications.

Over the past year, Avalanche has more than doubled its average block production rate, a key indicator of improved network performance and scalability. This increased capacity for faster transaction processing and greater throughput strengthens its reliability for demanding systems like decentralized applications and large-scale financial deployments.