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Injective Protocol Case Study

The future for Injective is really to create this decentralized financial hub. So we want to verticalize every single financial subsector. Everything from exchanges to lending to savings, all on one platform that anyone in the world can access.

"As we grow our decentralized financial hub and add more tokens that are build on Injective, Copper is the only one that can provide this support, and they're the perfect partner for us."

-Mirza Uddin, Head of Business Development, Injective Labs

THE PROMISE OF CRYPTO.

I grew up in New York my whole life. In many ways crypto and New York go together. New York has often been cited to be the financial capital of the world. I think Crypto is in many ways the new financial capital of the world. New York never sleeps. Crypto never sleeps.

Imagine an internet that’s owned by the people. So that’s what fascinated me about crypto.

And I realised that rather than investing in it I want to be part of the other side and build this.

INTRODUCTON TO MIRZA.

I’m Mirza Uddin, I am the Head of the Business Development team at Injective Labs. We’re actually the core contributors to Injective Protocol, which is a blockchain platform on which you can build unlimited DeFi applications.

ABOUT INJECTIVE PROTOCOL.

One of the main things that put Injective on the map in many ways is us burning a Banksy painting. We wanted to show that art can be destroyed but something living on the blockchain can never be destroyed.

This is exactly Injective’s mission. How do we take things that are normally controlled by these centralized parties, these like large art houses or these large financial institutions, and give it to the people?

On a high level Injective is Web 3 Robinhood. What it means is we want individuals to come in and create markets of their choice, whether they want to trade complex derivative products, or they just want to trade Dodgecoin. They can do that on Injective with no restriction, no barriers to entry and everyone gets the same access.

We allow anyone to trade with zero fees so that takes away a lot of the fee and financial burdens that a lot of individuals face when trying to access these sophisticated markets.

CHOOSING TO PARTNER WITH COPPER.

There were a number of reasons why we choose Copper. On a high level we really wanted someone with a proper financial pedigree and the individuals operating Copper really had that financial pedigree in terms of being communicative, in having industry know-how, in having institutional partners and access, which provided us a lot of early advantages when we began working with them back in 2020.

So the primary aspect we worked with Copper on was the custody of our assets. So not only our native INJ token but also a lot of our treasury and stablecoins and other sort of currencies.

Copper actually was one of the first institutional partners to enable support for our mainnet INJ token. They went out of their way to have their engineers onboarded to support this custodied asset which now allows the Injective token to be accessed by millions of people ideally, because it can now be transferred to different exchanges, it can be accessed by different institutional partners who might want to trade this asset or stake it.

CONCLUSION. THE FUTURE FOR INJECTIVE / WORKING WITH COPPER GOING FORWARD.

The future for Injective is really to create this decentralized financial hub. So we want to verticalize every single financial subsector. Everything from exchanges to lending to savings, all on one platform that anyone in the world can access.

As our treasuries continue to grow, as we need more assets to be supported that are built on top of Injective, Copper is the only one that can provide these forms of support. And over time this will just continue. As more tokens are launched on top of Injective, Copper would be one of the first destinations for these tokens to live on.

They’re the best partner for us, they’re the perfect partner for us, and I can’t wait to see what we do next.

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