For sure you've heard that $INJ is now registered with the SEC as a "Transfer Agent"
It's not that simple, so let's break it down:
Every asset has a specific record that includes:
- The legal owner
- How it was transferred
- Updates after each sale
... and more legal details
This record stays held by external entities licensed by the SEC
Even if the asset is tokenized?
Yes, even if it's moved onto the blockchain, this record still stays off-chain, and this ties tokenization back to the traditional financial system and its constraints (the bottleneck)
Now, after #Injective 's registration as a Transfer Agent, it has the regulatory framework to manage ownership and transfer records within the financial markets system onchain
And this adds an important layer to @Injective 's ecosystem:
Asset issuance + ownership and transfer records + settlement + financial use, all within a single onchain infrastructure
It's not that simple, so let's break it down:
Every asset has a specific record that includes:
- The legal owner
- How it was transferred
- Updates after each sale
... and more legal details
This record stays held by external entities licensed by the SEC
Even if the asset is tokenized?
Yes, even if it's moved onto the blockchain, this record still stays off-chain, and this ties tokenization back to the traditional financial system and its constraints (the bottleneck)
Now, after #Injective 's registration as a Transfer Agent, it has the regulatory framework to manage ownership and transfer records within the financial markets system onchain
And this adds an important layer to @Injective 's ecosystem:
Asset issuance + ownership and transfer records + settlement + financial use, all within a single onchain infrastructure
