Hassan Maishera
On Thursday, the Injective team announced via a blog post that Injective now provides seamless access to foreign exchange trading with EUR and GBP pairs, addressing the limitations and accessibility barriers present in traditional forex markets.
This launch was made possible by Injective’s introduction of the iAsset framework, which enables major traditional finance (TradFi) assets such as stocks, commodities, and now FX to move onchain with programmable utility and liquidity from day one. The combination of forex trading with Injective’s existing derivatives, commodities, and spot markets creates a unified ecosystem where traders can implement sophisticated strategies spanning multiple asset classes.
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 $14.07, down 3.8% in the last 24 hours.
