POSCO and LG CNS Tokenize Trade Receivables on Injective

South Korean trading giant POSCO International and IT services firm LG CNS have begun testing the tokenization of live commercial invoices on the Injective network.

This move marks one of the most concrete examples of a large industrial corporation using a public blockchain to digitize trade finance instruments directly.

The pilot aims to unlock new financing channels, speed up settlement, and eventually allow instruments like invoices to be used as collateral or traded in secondary markets.

The use of Injective offers fast block times, low fees, and inter-blockchain communication via Cosmos IBC, which could simplify the tokenization process for an entity that already deals with multiple trade partners across borders.