Wu Shuo learned that Injective posted that it has officially submitted a Transfer Agent registration application to the U.S. Securities and Exchange Commission (SEC). This move is intended to build a regulated pathway for issuing on-chain securities. As the maintainer of ownership records in the securities market, the Transfer Agent performs core functions such as verifying shareholder identity, voting rights, and handling transaction transfers. Injective plans to migrate this capability on-chain, aiming to improve settlement speed for tokenized securities, enhance record transparency, and enable compliant processes through decentralized infrastructure. Injective said that this deployment will support the compliant expansion in the U.S. of the real-world asset (RWA) market infrastructure under regulation.