Hassan Maishera
On Tuesday, the Injective team announced via X that the fintech platform Pineapple Financial $PAPL has launched a $100 Million Digital Asset Treasury dedicated solely to accumulating INJ.
Over the coming weeks and months, this capital will be deployed to create the world’s largest publicly traded INJ treasury. This release will not only enable traditional finance institutions to access INJ via the stock market, but it will also allow Injective to bring an unmatched set of tokenized assets to its blockchain, unlocking a truly multi-trillion dollar market opportunity.
Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $13.02, up 1% in the last 24 hours.
