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Injective Institutional Services Obtains SEC Transfer Agent Registration, Becoming the First Layer 1 Blockchain with This Status

Odaily News: Injective, a Layer 1 blockchain, has had its institutional services division register as a securities transfer agent with the U.S. Securities and Exchange Commission (SEC). Injective states that this marks the first time a Layer 1 blockchain has obtained this type of registration, enabling regulated ownership records, transfers, distributions, and shareholder management services for securities.The registration covers four types of tokenized assets already launched—institutional funds, publicly listed company stocks, private company shares, and corporate accounts receivable—and allows related processes to utilize distributed ledger infrastructure while remaining compliant with U.S. securities regulatory rules.Injective has launched markets tied to digital asset treasury companies, publicly listed stocks, and shares of private companies such as SpaceX and OpenAI, and has introduced its tokenized asset issuance platform, Injective Mint Alpha.In July, South Korea's largest trading firm, POSCO International, and LG CNS, a technology company under the LG Group, selected Injective for a trade finance pilot. The plan involves tokenizing accounts receivable arising from international trade and completing their transfer, management, and settlement. (Bitcoin.com News)

POSCO International and LG CNS Pilot On-Chain Trade Receivables

South Korean trading company POSCO International and LG CNS are conducting a pilot program to deploy real-time trade receivables on the Injective blockchain, aiming to accelerate payment processes among its global subsidiaries. By placing receivables on a shared blockchain ledger, the two parties create a single, transferable record embedded with compliance rules, reducing reconciliation time between buyers, sellers, and banks. POSCO plans to advance this project into a live production environment after the pilot. The initiative involves blockchain applications such as trade finance, stablecoin-based funds transfer, and asset tokenization.

Injective Native INJ Listed on Coinbase, Trading and Deposit/Withdrawal Now Supported

Injective has announced on X platform that native INJ has officially been listed on Coinbase, the largest cryptocurrency exchange in the United States. Coinbase users can now trade INJ and directly transfer INJ into the Injective ecosystem via deposit and withdrawal features.