News linked to both this project and an event.
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)
Odaily News: Injective has announced that it has officially become a transfer agent registered with the U.S. Securities and Exchange Commission (SEC), making it the first Layer 1 blockchain network with relevant RWA infrastructure and regulatory capabilities.
According to CoinDesk, South Korea's largest trading company POSCO International is collaborating with LG CNS, a technology subsidiary under the LG Group, to pilot the tokenization of real trade accounts receivable on the Layer-1 blockchain Injective. The project aims to accelerate commercial payment processes among POSCO's global subsidiaries by placing accounts receivable on-chain, building a single ledger shared by buyers, sellers, and banks, enabling compliance rules to flow synchronously with assets, and is expected to significantly compress the traditional reconciliation cycle that typically takes several days. POSCO International reported revenue of $22.2 billion last year, with operations covering steel, energy, and battery materials, among other fields.
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 stated that it has submitted an application for transfer agent registration to the U.S. Securities and Exchange Commission. Transfer agents are responsible for maintaining official ownership records of securities and processing transfer changes; in traditional markets, this function is typically maintained off-chain by specialized institutions. This application aims to migrate this core market function on-chain, making the token itself the ownership record, thereby enabling tokenized securities to be registered and transferred within seconds and reducing intermediary verification steps.