On Friday, the Injective team announced via X that it had added Brent Crude to its iAssets. iAssets is a new primitive that enables any stock, bond, or ETF to be launched onchain. Its features include day-one liquidity, capital efficiency, programmability, and composability.
The Brent crude market cap is over $3.2 trillion, making oil one of the largest commodity markets in the world. Thanks to this integration, users can trade $WTI 24/7 with unmatched liquidity and utility on the only blockchain built for finance. The market is already live on the Helix app.
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 $11.77, up 1.8% in the last 24 hours.