preferred on
Points of Focus
- Posco tokenized real trade receivables on Avalanche-based infrastructure.
- AI verified invoices and shipping records before onchain registration.
- The pilot follows Posco’s earlier Injective trade-finance test.
South Korea’s Posco International is pushing deeper into tokenized trade finance, completing a receivables transaction on an Avalanche-based network just one month after testing similar infrastructure on Injective.
Posco International America worked with trade-finance platform Olea and asset-finance infrastructure provider Intain to convert receivables from a real trade transaction into tokenized digital assets. The transaction was executed on Intain’s layer-1 (L1) network, which is built on Avalanche.
Posco is not experimenting with a hypothetical asset; it is testing blockchain against trade receivables created through its existing commercial operations, where invoices, purchase orders, and shipping documents normally have to be reconciled across multiple parties before financing can be extended.
LATEST: ⚡ South Korea's POSCO International completed a pilot tokenizing trade receivables on an Avalanche-based network, its second onchain trade finance test in a month after an earlier pilot on Injective. pic.twitter.com/WRSQ1xQ8NU
— CoinMarketCap (@CoinMarketCap) August 26, 2026
AI verifies trade documents before assets move onchain
Intain’s platform reconciled invoices, purchase orders, credit notes, and shipping records before the receivables were verified and recorded onchain.
That process is aimed at one of trade finance’s most persistent problems: The same transaction can exist in separate records held by the seller, buyer, bank, and financing provider. Each party may need to verify documents independently before treating a receivable as legitimate collateral.
Posco’s pilot used AI to help verify those records before blockchain was used to establish an auditable record of ownership and asset status.
For companies, faster verification could make it easier to borrow against money they are already owed instead of waiting until customers complete payment.
The three companies are also examining stablecoin-based cross-border payments and digital treasury management, potentially extending the project from tokenizing receivables to settling the payments attached to them.
That would be a more meaningful test of blockchain infrastructure because putting an invoice onchain delivers limited efficiency if the cash leg still depends entirely on separate legacy payment systems.
Posco tested Injective only one month earlier
The Avalanche transaction follows a separate July proof of concept involving Posco International and LG CNS, using Injective for blockchain and AI-based trade finance.
That pilot used real global trading processes and tested three areas: a shared ledger for transaction information, tokenization of accounts receivable as real-world assets, and AI agents for trade-operation automation.
Posco said the shared ledger allowed headquarters and overseas subsidiaries to view transaction information in real time instead of maintaining separate records.
The Injective project also went further into the asset lifecycle, testing issuance, transfers, and administration of tokenized receivables alongside institutional controls.
The two pilots, therefore, suggest Posco is testing different blockchain architectures rather than selecting one chain for its entire trade-finance infrastructure.
A $22-billion trading business gives the test real scale
Posco International is large enough for even a limited pilot to matter.
The company reported 32.37 trillion won in revenue in 2025, alongside 636.8 billion won in net profit. Its accounts and other receivables stood at more than 4.2 trillion won, according to financial data compiled by Mirae Asset Securities.
That receivables base illustrates the potential addressable pool if tokenization moves beyond isolated transactions.
Still, the latest project remains limited. Posco has not disclosed the value of the receivables placed on Avalanche, the financing rate achieved, or measurable reductions in processing time and cost.
Those numbers will determine whether blockchain improves trade finance economically rather than simply making its records digital.
For now, Posco’s strategy is becoming clearer. After testing Injective with LG CNS, it is now using Avalanche-based infrastructure with Olea and Intain and exploring stablecoins as the next settlement layer.
The bigger experiment is not whether a receivable can be represented as a token. That has already been demonstrated. Posco is testing whether verification, financing, and ultimately payment can be compressed into the same digital workflow across its global trading business.
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