Deep Tide TechFlow message: On July 16, Injective said it has submitted a transfer agent registration application to the U.S. Securities and Exchange Commission.

The transfer agent is responsible for maintaining the official ownership records of securities and handling transfer changes. In traditional markets, this function is typically maintained off-chain by specialized institutions. This application aims to migrate this core market function on-chain, so that the token itself becomes the ownership record—enabling tokenized securities to be registered and transferred within seconds, reducing the need for intermediary checks.

The application is part of a series of initiatives Injective is driving to onboard institutions on-chain. Injective also released the MiCAR white paper to expand its business in a regulated manner across EU member states.