News Summary

• POSCO International and LG CNS is tapping Injective network to tokenize live commercial invoices.
• The company, which generated $22.2 billion in revenue last year from businesses spanning steel, energy and battery materials, is working with LG CNS.
• The pilot is using receivables generated by real trade between POSCO's overseas operations and their counterparties rather than simulated transactions.
• The market for tokenized assets has grown rapidly in the past years to the current size of $35 billion.