🔥BREAKING: The Korean won is being tokenized on Injective.
Injective is bringing one of the world’s largest currencies onchain for our rapidly growing RWA ecosystem.
@BDACSKorea is issuing KRW1, Korea’s first won backed stablecoin, with reserves held at a major Korean bank.
Injective onchain revenue growth is ACCELERATING.
And every dollar is used to buy back and burn injective-protocol:native each month.
As RWAs growth continues this is only set to increase.
Injective is now home to 135 live onchain RWA markets.
No other layer 1 pairs a live institutional tokenization record this deep with the regulatory rails to scale it. Here are just some of the institutions and milestones driving it.
→ POSCO International, South Korea's largest trading company, and LG CNS, the technology arm of LG Group, selected Injective to tokenize live trade receivables from real international commerce
→ Injective Institutional Services is now an SEC registered transfer agent, enabling Injective to tokenize assets in the US
→ The INJ MiCA white paper is listed on ESMA's register, opening access to $INJ across the EU
→ Injective CEO Eric Chen met with senior officials at the White House, SEC and CFTC this week to advance tokenization in the US
→ Over $1 Billion in real world assets are now tokenized on Injective
→ Gulf Labs, part of Thailand's $27 Billion GULF Group, bonded roughly 500,000 INJ as an institutional validator and will bring tokenization and stablecoins to Thai energy, telecom and banking
→ Markets for SpaceX, OpenAI, equities, FX and digital asset treasuries have driven over $6.8 Billion in cumulative RWA volume on Injective
→ Injective Mint is an upcoming major product launch, bringing the first platform built to take institutional grade RWAs mainstream with compliance controls enforced at the protocol level
→ Laser Digital, the digital asset arm of Nomura, Japan's largest investment bank, tokenized the Laser Carry Fund on Injective alongside BlackRock money market products and Hamilton Lane's SCOPE Senior Credit Fund, all with onchain secondary trading, collateralized lending and portfolio margining
→ Native USDC on Injective now powers payments to over 8,000 global merchants, with Circle's CCTP connecting Injective to 20+ blockchains
→ Musicow, South Korea's leading music rights platform with 1.2 million members and roughly 20,000 music IP rights traded, partnered with Injective to bring music IP onchain for fans and investors worldwide
→ NTT Digital, part of Japan's largest telco and a Fortune 500 giant, selected Injective as its primary blockchain partner for Web3
→ $INJ joined a select group of assets with regulated access in both the US and Asia, with the first US CFTC regulated INJ futures now live for institutions
→ Three INJ ETF applications are now pending with the SEC
Institutional funds. Fortune 500s. Public equities. Private markets. Pre-IPO assets. Real estate. Global enterprises. All on one network.
And we are only getting started.
🐋 WHALE WATCH : Multi year downtrend. DELETED.
$INJ just printed a textbook structural breakout on the daily timeframe setting its sights on a macro recovery march all the way back toward its AllNTime Highs near $52+.
L1 infrastructure plays always catch a bid when the market shifts. Dont say nobody put you on early.
$INJ is up 32.3% this week.
Here's why:
🟢 Injective's CEO met officials from the White House, SEC and CFTC on Wednesday
🟢 Stakers are voting on IIP-709, a proposal for fixed gas fees
🟢 Injective says its revenue-to-FDV ratio now tops other major chains
JUST IN: Gulf Labs, part of Thailand's $27 billion GULF Group is now live as an institutional validator on Injective.
Gulf Labs and Injective will work together across tokenization, stablecoins, enterprise distribution, education and AI infrastructure in Thailand. $INJ
BlackRock. Franklin Templeton. Fidelity. Injective.
Injective CEO @ericinjective will take the main stage at the Hong Kong Digital Asset Summit on the headline tokenization panel alongside @BlackRock, @FTDA_US and @DigitalAssets.
Coming early November.
Injective already has some of the lowest gas fees onchain. Our latest governance proposal (IIP-709) makes them predictable.
Fixed gas fees with lower latency. Fair & scalable onchain transactions for every user, trader and institution.
All $INJ stakers are eligible to vote 👇