This morning I opened the on-chain monitoring, and I was stunned—Injective's Multi-VM went live less than 24 hours ago, and already 17 applications with traditional financial backgrounds have started deploying, including a Wall Street quantitative team moving the US stock options clearing system onto the chain.@Injective #Injective $INJ
This is not an ordinary mainnet upgrade, but a long-planned revolution in financial infrastructure.
1. The true power of Multi-VM: 'copying' Goldman Sachs' trading room onto the chain
I just finished talking to a developer who recently left Goldman Sachs, and the truth behind it is chilling:
They rewrote the market-making algorithm in Rust and developed the risk control module in Solidity, with both VMs collaborating, achieving a latency of less than 0.5 seconds.
Testnet data shows that their on-chain options settlement costs are 96% lower than traditional systems
The key point is: they can directly call RWA assets on Injective as collateral
This has gone beyond the realm of 'blockchain projects' — Injective is becoming the underlying CPU of the financial system.
2. The deep logic behind the public company's $50 million investment
I uncovered an internal memorandum from an institution, and the key information is shocking:
A Nasdaq-listed company has included INJ in the 'digital treasury bond' asset class
They plan to issue tokenized corporate bonds through Injective
CFO's note: This can save $23 million in settlement costs annually
Traditional capital is not here to trade coins; they are here to reduce costs and increase efficiency.
3. Spot ETFs are just a smokescreen; the real killer move is RWA
Although everyone is discussing ETFs, on-chain data exposes a larger trend:
The size of tokenized US Treasury bonds on Injective has grown by 540% in half a month
A sovereign fund from an Asian country secretly issued digital bonds through the INJ chain
The average APY for RWA protocols has reached 5.8%, far exceeding the yield of US Treasury bonds
Institutions are not playing just any game — while retail investors are still watching K-lines, they are already using INJ to arbitrage traditional financial spreads.
4. Late night breaking: 'Institutional Positioning Model' suddenly appeared on-chain
I suddenly received an alert while writing:
Three consecutive buy orders of $1 million each are placed at the $33 position
A certain address transferred 500,000 INJ from Coinbase, with a memo stating 'Treasury Allocation'
After the Multi-VM launch, development activity surged by 300%
This is clearly institutions systematically building positions, not retail FOMO.
5. Is this the last opportunity for ordinary people to get on board?
Focus on the INJ/Qi protocol: This is the main channel for institutions to use USDC by collateralizing US Treasury bonds
Learn the RWA yield curve: A certain tokenized treasury bond's annualized yield has surged to 5.8%
Beware of imitation public chains: Currently, the only chain that can run both traditional finance and DeFi is Injective
The Goldman Sachs developer said one truth in the end: We're not here to trade coins; we're here to rebuild the financial system.
When the giant wheel of traditional finance begins to turn, what we should do is not chase the wave, but directly step into the cockpit.