Pineapple Financial Invests $8.9 Million in Injective Tokens to Build On-Chain Treasury

Pineapple Financial (NYSE American: PAPL) has initiated its first strategic investment of $8.9 million in Injective (INJ) tokens, marking the launch of a $100 million Digital Asset Treasury (DAT) initiative. The company acquired 678,353 INJ tokens, to be directly held and staked on the Injective blockchain. This move reflects Pineapple’s commitment to building a diversified digital asset treasury strategy aligned with its financial operations.