Tokenization · Cuba · The Block
Injective becomes SEC-registered transfer agent as it broadens tokenization push
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Injective has become an SEC-registered transfer agent through its affiliate, Injective Institutional Services, marking a significant step in the blockchain's push to bring regulated securities infrastructure onchain.
Key facts
- Injective is a DeFi-focused Layer 1 blockchain that was incubated by Binance and includes Jump Crypto, Pantera, and Mark Cuban as backers
- Its native token (INJ) traded higher by 8% at publication time, 's price data
- With this move, Injective becomes the first layer 1 blockchain to possess the RWA infrastructure and regulatory readiness needed to accelerate tokenization to new heights," Injective said Wednesday
- Injective has become an SEC-registered transfer agent through its affiliate, Injective Institutional Services, marking a significant step in the blockchain's push to bring regulated securities
Summary
Transfer agents maintain official records of who owns a security, process ownership changes, and handle functions such as distributions and corporate actions. "With this move, Injective becomes the first layer 1 blockchain to possess the RWA infrastructure and regulatory readiness needed to accelerate tokenization to new heights," Injective said Wednesday in a post on X. Injective says the registration gives it a regulated way to keep track of who owns tokenized securities and how those assets change hands. Blockchain companies have largely focused on issuing or trading tokenized stocks, funds and other real-world assets.