POSCO International and LG CNS launched a pilot to tokenize live trade receivables on the Injective blockchain, using actual commercial data from POSCO International's overseas subsidiaries. POSCO International, one of South Korea's largest trading companies with $22.2 billion in revenue and more than 80 overseas branches, partnered with LG CNS—the IT arm of LG Group that completed Korea's largest IPO since 2022 in February 2025—to address legacy trade bottlenecks where receivables are tracked separately by subsidiaries, banks and counterparties, slowing reconciliation and delaying cash access. POSCO International plans to finalize a pilot operation framework in the second half of this year centered on areas where operational efficiency gains were confirmed, according to a company spokesperson. The project expands enterprise tokenization into global trade, building on the more than $3 trillion in cumulative transactions processed via JPMorgan's Kinexys platform and Korea's position as one of the most active markets for real-world asset tokenization.
POSCO International and LG CNS Tokenize Live Trade Receivables on Injective Blockchain
Under the pilot, POSCO International's receivables are issued as permissioned tokens on the Injective blockchain. Authorized parties can hold and transfer the assets, and settlement occurs onchain under controls managed by POSCO International's finance teams. POSCO International operates more than 80 overseas branches across steel, energy and battery materials. By placing the receivable on a shared ledger, the record becomes a single object, and compliance rules travel with the token to ensure consistent checks across jurisdictions. "This PoC is significant in that it validated the applicability of AI and blockchain technology based on real trade data and processes," a POSCO International spokesperson said. "We plan to finalize a pilot operation framework in the second half of this year, centered on areas where operational efficiency gains were confirmed, and will apply them to actual business operations in a phased manner."
Injective Blockchain Selected for Protocol-Level Compliance and Instant Settlement
Injective was chosen over general-purpose blockchains because its real-world asset module embeds compliance at the protocol level. Identity verification and rules governing who can hold or move an asset are enforced by the chain itself. The network finalizes transactions instantly, produces blocks in under a second and uses an onchain order book designed to prevent front-running—features the companies said are necessary when tokenizing claims representing real money owed. "Injective was built for regulated finance to run onchain, and a pilot of this scale is exactly what it was designed to carry," Injective co-founder Eric Chen said. "When South Korea's largest trading company and LG CNS choose Injective for live trade receivables, it demonstrates Injective's ability to move real capital markets onchain."
LG CNS Supplies Digital Infrastructure to 220+ Governments and Partners with Palantir
LG CNS has supplied digital currency infrastructure to more than 220 local governments, contributed to the Bank of Korea's CBDC pilot and operates security token platforms for KOSCOM and Mirae Asset Securities. In March 2026, LG CNS partnered with Palantir to deploy enterprise AI across LG Group. The companies said their goal is a unified framework for trade across all subsidiaries, with settlement faster than the current multi-day cycle and compliance that remains attached to the asset across borders.
Global Enterprise Tokenization Processes $3 Trillion via JPMorgan Kinexys
Enterprise tokenization has accelerated globally this year. JPMorgan's Kinexys platform has processed more than $3 trillion in cumulative transactions, while Citi has tested private-market tokenization on a public chain with Wellington Management and WisdomTree. Korea remains one of the most active markets, and POSCO International and LG CNS are extending the model to receivables that underpin global trade.
FAQ
What did POSCO International and LG CNS do on the Injective blockchain?
POSCO International and LG CNS launched a pilot to tokenize live trade receivables on the Injective blockchain, using actual commercial data from POSCO International's overseas subsidiaries rather than test inputs.
Why did POSCO International and LG CNS choose Injective blockchain?
Injective was chosen because its real-world asset module embeds compliance at the protocol level, with identity verification and rules governing asset transfers enforced by the chain itself, and the network finalizes transactions instantly and produces blocks in under a second.
When will POSCO International finalize the pilot framework?
POSCO International plans to finalize a pilot operation framework in the second half of this year, centered on areas where operational efficiency gains were confirmed, and will apply them to actual business operations in a phased manner, according to a company spokesperson.
