Injective applies to SEC for transfer-agent registration

A blockchain infrastructure firm has filed an application to register as a transfer agent with the U.S. Securities and Exchange Commission, a move that could bring a core function of securities recordkeeping onto a blockchain. Injective, a network focused on decentralized finance and tokenized assets, announced the filing on July 16, stating its goal is to maintain legal ownership records for tokenized securities on its infrastructure.

Transfer agents are regulated entities that perform a critical administrative role in U.S. capital markets, recording changes in securities ownership and maintaining official shareholder records. Injective argues that moving this function on-chain could provide a more efficient and regulated pathway for tokenized securities and real-world assets by directly connecting legal ownership records with blockchain settlement systems that can finalize in less than a second. The company stated that such assets require compliant ownership records on fast-settling infrastructure.

The announcement did not identify the specific legal entity that submitted the application to the SEC, and a corresponding public filing was not immediately locatable in SEC...