The team behind $INJ officially announced this morning, Beijing time, that its institutional services company has become a U.S. SEC-registered transfer agent. An on-chain project has secured the traditional stock-registration credentials.

INJ is the native token of the Injective blockchain. It’s used to pay on-chain fees, stake to help secure the network, and vote on governance. The chain focuses on trading and asset tokenization.

Transfer agents do a very traditional job: they help companies keep track of who owns how many shares and handle transfers. In the U.S., they must register with the SEC before they can do this work.

This matters because one of the most common questions about tokenized stocks is whether the tokens on-chain count as official records of share ownership. The shareholder register is normally maintained by a transfer agent. If a registered transfer agent maintains it, the on-chain record could become the official register, rather than just a copy used for reconciliation.

Public SEC filings show that the company submitted its registration application at the end of July, but the official announcement came today.

They say they’re the first in the public blockchain space to reach this milestone.