Established Public Chain @injective should be paid more attention to, as the RWA track is hot this year.
The trading volume of tokenized stocks on $INJ has reached $1.5 billion since the beginning of the year!
Moreover, there have been frequent movements in the last month, and several key milestones are worth noting:
1️⃣ Another heavyweight endorsement:
Mark Cuban publicly retweeted the interview of Eric Chen by Fortune, expressing support for Injective.
This billionaire investor has a unique vision, having invested in star projects like Netflix and Amazon. His story of dropping out at 19 to start a business that is now valued at $1.3 billion is truly impressive.
2️⃣ Is INJ going to go through an ETF?
CBOE BZX Exchange and Canary Capital have both submitted INJ ETF applications to the SEC.
If approved, U.S. stock investors will be able to invest in INJ through traditional channels, bringing trillions of liquidity to the ecosystem.
Additionally, the SEC's recent clarification that liquid staking is not considered a security is a positive development.
3️⃣ Native EVM is here:
The native EVM testnet is online, making it the first public chain to integrate EVM on a high-performance L1.
Ultra-fast execution, zero gas fees, and instant finality are characteristics that allow developers to build more powerful DeFi applications.
Bloomberg's Money Stuff has also specifically reported on its innovations in asset tokenization.
4️⃣ Successfully held a hackathon in Hangzhou:
The hackathon jointly held by injective and AdventureX attracted 30 teams from China, with projects covering diverse fields such as identity protocols and AI trading.
The EVM migration seminar by the developer relations team @chuhanVcrypto was met with enthusiastic responses.
The annual recurring revenue (ARR) of $INJ has now surpassed $14.1 million, leading several mainstream L1s.
From technology to ecology, from compliance to traditional financial access, Injective has made significant moves in the last month. If the ETF application is approved, it is expected to lead to a big wave.
You can conveniently follow @InjectiveLabsCN for updates in Chinese.