The Injective team announced via X last week that a leading institutional MPC wallet, Utila, has natively integrated Injective after having processed over $3 Billion in asset transfers to date.
Utila also offers asset tokenization capabilities for institutions to seamlessly onboard and manage new RWA offerings on Injective, the team added.
Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $17.69, down 8% in the last 24 hours.