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Injective affiliate secures SEC transfer agent registration for tokenized securities
Injective has secured U.S. Securities and Exchange Commission transfer agent registration through its affiliate, Injective Institutional Services, adding a regulated securities ownership and recordkeeping function to its Layer 1 network as INJ rose about 8%.
Injective Institutional Services has become an SEC registered transfer agent.
The affiliate can maintain securities ownership records and process ownership changes.
The registration follows Injective’s SEC application disclosed in July.
INJ rose about 8% following the announcement.#BTCBreaks71000Up10.5% #ETHSurges20%BreaksThrough2300 #BTCETHReboundTradeIdeas #USTreasuryBuybacksAndRegulatorySignalsDriveCryptoSurge #StrategySurgesNearly12% $INJ