Pineapple Financial Launches $100 Million Injective Digital Asset Treasury with Initial $8.9 Million INJ Purchase

Fintech firm Pineapple Financial has launched a $100 million Injective digital asset treasury, marking the company’s first major investment in INJ tokens. The initial purchase of 678,353 INJ tokens worth approximately $8.9 million represents the launch of this on-chain treasury, which will serve as a yield-generating source for the company. Pineapple plans to stake all acquired INJ tokens directly on the Injective network, aiming for an annual return of 12.75% and creating a stable revenue stream.