Trade finance has always been the most natural fit for this technology and the hardest part of it to reach. More than $5 trillion in annual financing, still running on fragmented records and days of manual reconciliation. Most work so far stopped at the edge of the problem: payments, document digitization. The balance sheet is a different order of difficulty.
Tokenize a receivable and you inherit everything attached to it. Owed across jurisdictions, subject to KYC/AML in each one, transferable only between approved parties, and still answerable to a corporate treasury and its auditors. The pilot also puts AI agents on the document review that sits in front of all of it.
Any chain can mint that token. The question is whether it obeys those rules on every hop without the enterprise building and maintaining that logic itself. On most L1s compliance is an application sitting on top. On Injective it sits at the protocol layer, so permissioning, KYC/AML and transfer restrictions travel with the receivable.
That's why the choice carries weight. LG CNS built the Bank of Korea's CBDC pilot and the security token platforms behind KOSCOM and Mirae Asset Securities. They've evaluated this landscape more carefully than most banks.
Korea's largest trader and its most experienced enterprise blockchain team built it on Injective.
1/ POSCO International and LG CNS have selected Injective to power its first ever blockchain-based trade finance pilot.
South Korea's largest trading company has successfully completed a transaction using trade receivables generated through real commercial activity on Injective, marking a major step toward bringing one of the world's largest financial markets onchain.
The pilot combines tokenized trade receivables, synchronized onchain records shared across participating organizations and AI-assisted review of Letters of Credit and trade documentation, creating a more unified workflow from issuance through settlement.
Trade finance supports more than $5 trillion in annual financing, yet much of the infrastructure behind it still relies on fragmented records, manual reconciliation and disconnected systems. This collaboration demonstrates how shared public blockchain infrastructure can modernize global trade finance.