What’s new from Injective: tokenized indices and easy cryptocurrency purchase
In the cryptocurrency space, where people are constantly looking for ways to simplify access to digital assets, the Injective project has made a significant step forward. They announced the world’s first tokenized index for the BUIDL fund, which is managed by the largest investment company BlackRock. This tool allows investors to monitor the fund’s dynamics in real time and at the same time provides a convenient way to participate in fund assets via the blockchain.
Why is this important? Such tokenized indices open the doors to a wide range of investors and offer a new approach to traditional financial instruments. Now, various assets can be accessed directly through the blockchain platform, which significantly simplifies and reduces the cost of investment processes.
In addition, Injective is actively expanding its capabilities in the field of access to cryptocurrencies by introducing a new service together with Mercuryo. Thanks to this integration, users can easily and quickly buy INJ tokens for fiat money (USD, EUR, JPY, etc.). This is made possible by the support of popular payment systems such as Visa, Mastercard, Apple Pay and Google Pay.
The advantage of this integration is its intuitive simplicity: users can instantly exchange fiat funds for tokens without the complex registration and identity verification procedures often found on other platforms.Payment transactions are carried out with minimal fees, which makes the process attractive not only to experienced users, but also to beginners who were previously put off by the difficulties of switching from the traditional financial system to the world of cryptocurrencies. It is especially important that such accessibility allows attracting more users to the platform, regardless of their location, thanks to the support of a large number of currencies and convenient payment instruments. This step reduces barriers to entry and makes the purchase of cryptocurrency as simple and familiar as regular online shopping. These initiatives highlight Injective’s desire to make cryptocurrencies and blockchain technologies more accessible and attractive to a wide range of people. After all, on the one hand, these are new, more flexible tools for investors, and on the other, a simple and convenient way for everyone to purchase digital assets.
In early September, Injective also took part in a major event — Korea Blockchain Week 2024. Here, the project presented its latest developments, which attracted the attention of investors and enthusiasts from all over the world.
This event brought together leading investors and developers from all over the world. For Injective, this was a great opportunity to showcase its latest achievements and innovative solutions, such as the launch of a tokenized index and integration with Mercuryo. The company’s presentations generated a lot of interest among the participants, which speaks to the high level of trust in the project and its powerful potential.During the event, Injective representatives also held a number of meetings and discussions with potential partners and investors, which opens up new prospects for cooperation and development. Participation in such a large-scale event emphasized the project’s leadership ambitions at the global level and strengthened its position as one of the key players in the decentralized financial technology market.
We see that Injective is confidently moving forward, offering new solutions at the intersection of traditional finance and decentralized technologies. This proves that blockchain continues to evolve and create more and more opportunities for users around the world.
