POSCO International pilots blockchain tokenization of trade receivables on Injective

POSCO International LG CNS Injective blockchain trade receivables tokenization working capital

South Korea’s largest trading firm, POSCO International, has begun a pilot with LG CNS to tokenize its trade receivables on the Injective layer‑1 blockchain. The proof‑of‑concept uses actual commercial invoices from POSCO’s overseas subsidiaries rather than simulated data, creating a single shared ledger that records each invoice, its compliance details and settlement instructions. By moving receivables to a blockchain the companies aim to cut the multi‑day reconciliation cycles that traditionally delay cash flow, improving working‑capital management for the group’s global operations.

The pilot is scheduled for completion by the end of the year, with a plan to transition the solution to live production in 2026. POSCO International reported $22.2 billion in revenue last year. The tokenized‑asset market is estimated at about $35 billion today, and Citi projects it could grow to $5.5 trillion by 2030. LG CNS, which previously led South Korea’s wholesale central‑bank digital‑currency trials and built tokenized‑deposit platforms for seven major banks, provides the technical integration for the project.

Entities: Citi · Injective Protocol · Injective blockchain · LG CNS · POSCO International · South Korea

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[○ 1 SOURCE] The project aims to reduce multi‑day reconciliation cycles and improve working‑capital management. (POSCO International, LG CNS statements)
[● 3 SOURCES] POSCO International tokenized real trade receivables on the Injective blockchain. (POSCO International, LG CNS press briefing)
[● 4 SOURCES] The pilot uses actual commercial invoices from POSCO’s global subsidiaries, not simulated data. (valid)
[● 2 SOURCES] LG CNS has led South Korea’s wholesale central‑bank digital‑currency trials and built tokenized deposit platforms involving seven major banks. (valid)
[● 3 SOURCES] POSCO International generated $22.2 billion in revenue in the last fiscal year. (valid)
[● 8 SOURCES] The tokenization project is a partnership between POSCO International and LG CNS. (c36fdb24-e427-4792-9b95-3da70e9326c8, 508fc7bd-b4bf-4b8d-bf63-e8de70b2418e, 5f497079-63d3-41c7-b111-73cef064386f, 1feed1)
[● 2 SOURCES] The current market value of tokenized real‑world assets is about $35 billion and could reach $5.5 trillion by 2030, according to Citi. (valid)
[○ 1 SOURCE] POSCO International plans to move the tokenization solution to live production by 2026. (POSCO International, LG CNS briefing)
[● 4 SOURCES] The tokenization aims to reduce multi‑day reconciliation cycles and improve working‑capital management for POSCO International. (new)
[● 5 SOURCES] The pilot is scheduled for completion by the end of the year and will move to live production in 2026. (new)