Svmuu News: Injective announced that it has filed an application with the U.S. Securities and Exchange Commission (SEC) to register as a transfer agent. It is reported that a transfer agent is responsible for maintaining the official record of securities ownership and processing ownership transfers; in traditional markets, this function is typically handled off-chain by specialized institutions. This application aims to migrate this core market function onto the blockchain, allowing the tokens themselves to serve as records of ownership. This would enable the registration and transfer of tokenized securities to be completed within seconds, thereby reducing the need for intermediary verification processes.