Injective becomes first layer 1 blockchain with SEC-registered transfer agent

Injective said its institutional services unit has registered with the U.S. Securities and Exchange Commission as a securities transfer agent, calling it the first such registration by a layer 1 blockchain. The status lets the network provide regulated ownership records, transfers, distributions and shareholder administration for securities while using distributed-ledger infrastructure under U.S. rules. Injective said the registration spans four categories of tokenized assets already live on the network: institutional funds, listed-company stocks, private-company shares and corporate accounts receivable. The project has launched markets tied to digital-asset treasury firms, public equities and private names including SpaceX and OpenAI, and has introduced the Injective Mint Alpha tokenized-asset issuance platform. In July, POSCO International and LG CNS selected Injective for a trade-finance pilot aimed at tokenizing trade receivables and handling transfer, management and settlement. The filing is administrative rather than SEC approval of any specific tokenized equity product, and adoption will depend on whether issuers use the structure for live securities.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.