News linked to both this project and an event.
According to The Block, the Wyoming Stable Token Committee announced the adoption of Chainlink Proof of Reserve to provide near-real-time on-chain reserve validation for its official stablecoin, Frontier Stable Token (FRNT). The Network Firm will audit FRNT reserves in accordance with AICPA standards, while Chainlink will post verification data on-chain in real time to bridge information gaps between reporting cycles. Previously, Wyoming fully migrated FRNT from LayerZero to Chainlink CCIP last month as its sole cross-chain infrastructure. The committee is also advancing the Chainlink Proof of Reserve Secure Mint feature, which requires verifying that reserves do not fall below FRNT's total supply before minting new tokens to prevent infinite minting attacks. FRNT launched in January this year and is the United States' first government-issued stable token, backed by U.S. dollars and short-term U.S. Treasuries.
Odaily News: Injective, a Layer 1 blockchain, has had its institutional services division register as a securities transfer agent with the U.S. Securities and Exchange Commission (SEC). Injective states that this marks the first time a Layer 1 blockchain has obtained this type of registration, enabling regulated ownership records, transfers, distributions, and shareholder management services for securities.The registration covers four types of tokenized assets already launched—institutional funds, publicly listed company stocks, private company shares, and corporate accounts receivable—and allows related processes to utilize distributed ledger infrastructure while remaining compliant with U.S. securities regulatory rules.Injective has launched markets tied to digital asset treasury companies, publicly listed stocks, and shares of private companies such as SpaceX and OpenAI, and has introduced its tokenized asset issuance platform, Injective Mint Alpha.In July, South Korea's largest trading firm, POSCO International, and LG CNS, a technology company under the LG Group, selected Injective for a trade finance pilot. The plan involves tokenizing accounts receivable arising from international trade and completing their transfer, management, and settlement. (Bitcoin.com News)