Pineapple Financial to Launch $100 Million INJ Treasury, with Participation from FalconX, Abraxas, and More

BlockBeats News, September 3, FinTech platform Pineapple Financial ($PAPL) has launched a $1 billion digital asset treasury dedicated to accumulating INJ. Over the coming weeks and months, this fund will be deployed to build the world's largest public INJ treasury through open trading.

This move will not only enable traditional financial institutions to access INJ through the stock market, but will also allow Injective to introduce a series of unparalleled tokenized assets on its blockchain, unlocking a true trillion-dollar market opportunity.

The transaction has attracted top investors from both traditional finance and the crypto space, including FalconX, Monarq, Abraxas, Blockchain, Canary Capital, Kraken, Injective Foundation, and many other institutions.