Injective Adds SEC-Registered Transfer Agent Function for Tokenized Assets
Key Takeaways
- •Injective Institutional Services said its SEC registration as a transfer agent is now effective.
- •The registration lets the affiliate keep securities ownership records and process changes in ownership.
- •Injective plans to integrate the transfer agent function with Injective Mint for issuing and managing tokenized assets.
- •The company has recently expanded tokenization offerings that include exposure to digital asset treasury companies, equities and pre-IPO shares.
- •Other firms such as Securitize have also registered as transfer agents in support of tokenized securities products.
Injective Institutional Services, an entity affiliated with the Injective blockchain ecosystem, said its registration with the US Securities and Exchange Commission (SEC) as a transfer agent is now effective, adding a regulated securities recordkeeping function to Injective’s tokenization infrastructure.
In an announcement on Wednesday, the company said the registration allows the affiliate to maintain securities ownership records and process ownership changes. That role is a standard part of traditional securities markets — where transfer agents typically also issue and cancel share certificates and handle shareholder distributions — and could also support tokenized real-world assets (RWAs).
Injective said it plans to combine the transfer agent function with Injective Mint, its platform for issuing and managing tokenized assets. Injective is a layer-1 blockchain network built for financial applications, including trading and asset tokenization.
The registration comes after Injective expanded its tokenization efforts in recent months, including markets offering exposure to digital asset treasury companies, equities and shares in pre-IPO companies.
As Cointelegraph reported, Injective Institutional Services filed its application to register as a transfer agent with the SEC in July. Under Section 17A of the Securities Exchange Act of 1934, US transfer agents generally must be registered with the SEC unless they are a bank.
Transfer agents are part of the regulated infrastructure that underpins US securities markets. They keep records of who owns securities and process ownership changes, a function that becomes especially relevant when securities are issued or transferred onchain. Other crypto-native firms have taken a similar regulatory route: Securitize, which serves as transfer agent for BlackRock’s tokenized BUIDL money market fund, is an SEC-registered transfer agent. Asset managers including BlackRock and Franklin Templeton operate tokenized funds, part of a broader expansion of onchain RWAs such as tokenized US Treasuries, a market that has grown to billions of dollars in value.
