Mitsubishi UFG Financial Group (MUFG) has reduced the shareholding ratio of the tokenized platform Progmat from 49% to 42%. It is reported that the reason for the reduction is that Progmat has completed the Pre-A round of financing and introduced three new investors at the beginning of this week, including Nochun Trust and Banking, Aozora Bank and real estate company Kenedix. The specific amount of this round of financing has not been disclosed. It is reported that the completion of the new round of financing has also caused the dilution of the shares of other shareholders of Progmat, including Sumitomo Mitsui Bank, Mizuho Bank and Sumitomo Mitsui Trust Bank. They previously held 7.5% of the shares, and now the shareholding ratio is slightly less than 6.5%.