Injective's affiliate, Injective Institutional Services, has become a U.S. SEC-registered transfer agent, enabling it to maintain official securities ownership records and process ownership changes on its Layer 1 blockchain network. This registration is a first for a Layer 1 blockchain and supports regulatory compliance and tokenization of real-world assets. The move enhances Injective's ability to handle legal ownership records alongside blockchain transactions, important for tokenized securities. Following the announcement, Injective's native token INJ rose about 8%.
Injective Institutional Services has received official transfer agent registration from the U.S. Securities and Exchange Commission, allowing it to maintain securities ownership records directly on blockchain networks. This regulatory milestone enabl...
Cryptocurrency markets are experiencing significant gains, with Bitcoin reaching approximately $69,183, up 7.9%, and Ethereum surging 19.3% to $2,259.15. Other notable increases include Ripple (XRP) up 12.7%, Solana (SOL) up 12.5%, and Binance Coin (...
