Injective has officially announced its filing with the U.S. Securities and Exchange Commission. The project seeks to obtain official registration as a transfer agent. The main goal of this large-scale initiative is to use blockchain to keep accurate records of securities holders. This technology will also reliably record all transfers of ownership. Thus, the project plans to harmoniously combine the traditional financial infrastructure with an advanced distributed registry. Transfer agents have long been a key element of the United States stock market. They keep official registers of shareholders and record any changes in the ownership structure. They also accompany complex corporate procedures and provide legal confirmation of the rights to assets. Injective intends to transfer all these important functions to a modern and transparent blockchain structure.

According to the company's representatives, the use of a distributed registry will provide significant market advantages. This advanced technology will significantly reduce the number of unnecessary intermediaries in the market. It will also significantly speed up data updates and reduce the risk of errors when verifying information. All financial transactions will be reflected in a single system immediately after the transaction is completed. If the regulatory body approves the current application, the project will receive completely new opportunities. It will not only be able to provide a reliable infrastructure for the release of digital instruments. The project will also be directly involved in the official accounting of property rights. This will be an important step towards integrating blockchain technologies into a regulated financial system.

The company stated the high demand of the market for a completely new infrastructure. The modern tokenized securities market requires solutions that fully comply with strict legal requirements. At the same time, the system must ensure maximum processing speed for all operations. According to the official data from Injective, their network conducts transactions in less than one second. This allows you to instantly update all information about the current owners of assets.