The layer-1 blockchain also joined the x402 Foundation under the Linux Foundation umbrella and launched an AI Agent SDK, while a staked INJ ETF proposal entered the SEC’s 21-day public comment period.
Injective unveiled a broad package of market access, regulatory and developer initiatives at its summit in Washington, D.C. on July 16, led by the live listing of its INJ token on Robinhood Crypto for eligible U.S. spot traders. INJ began trading on the platform between $4.76 and $5, giving it a market capitalization of roughly $494 million. The network also said it filed a transfer agent registration with the SEC (U.S. securities regulator), a step aimed at maintaining official ownership records for tokenized stocks, bonds and real-world assets on-chain rather than registering the token itself as a security. Injective said the move would position it as infrastructure for regulated tokenized securities if approved. Separately, the blockchain joined the x402 Foundation under the Linux Foundation umbrella, launched an AI Agent SDK (software development kit for developers), and published a MiCA whitepaper tied to the European Union’s Markets in Crypto-Assets framework. The summit drew attendees from Circle, Galaxy and Robinhood. Injective said it has processed more than 2.9 billion transactions since inception. A separate proposal from Canary Capital for a staked INJ ETF has now entered the SEC’s 21-day public comment period, leaving investors focused on whether that filing and the transfer agent registration progress into approved regulatory infrastructure.