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Injective seeks SEC nod for transfer agent registration tied to tokenized securities

If approved, the filing would shift shareholder record-keeping for tokenized securities onto regulated onchain infrastructure, aiming to cut reconciliation delays among intermediaries.

Reported · Written up by our desk · Regulation

Injective has filed for transfer agent registration with the US Securities and Exchange Commission, seeking to bring securities ownership record-keeping onto blockchain infrastructure, Cointelegraph reported. The company said the move would create a regulated pathway for maintaining records for tokenized securities onchain.

Transfer agents are described as core US market infrastructure that maintain shareholder records and track changes in securities ownership. Injective, a layer-1 blockchain focused on decentralized finance and tokenized real-world assets, said bringing this function onchain would help it issue and manage tokenized assets in legally relevant ways.

Injective said that compliant ownership records are needed on infrastructure intended to settle in less than a second, and that the approach is designed to be offered at scale in the United States. The company did not identify the legal entity behind the application, and Cointelegraph said it could not independently verify the submission at the time of publication.

Cointelegraph also noted that traditional financial institutions have increasingly used blockchain to modernize capital markets infrastructure, including post-trade functions. It cited Nasdaq partnerships involving blockchain-based distribution of TotalView market data and earlier work with Kraken and Backed on tokenization-related efforts.

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