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South Korea trade giant POSCO puts receivables onchain in tokenization test with LG

Published

27 July 2026

Topic

opportunities

Sectors

Fintech

Geography

South Korea

Source

Read at ground.news

Verified

Fusion42 · 27 July 2026 · Fusion42 review

POSCO International and LG CNS have tokenized live commercial invoices on the Injective blockchain in a trade finance proof-of-concept, demonstrating blockchain infrastructure moving into corporate receivables management at scale.

This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.

◆ The Wire takeaway

If you build trade finance or supply chain lending, a major conglomerate just proved receivables can move onchain without banks. The next question isn't whether it works—it's who owns the customer relationship when settlement happens in hours instead of weeks.

Related on Wire

Topics

Fintechtokenizationtrade-financereceivablesblockchain-railssupply-chain-finance