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

By: theblockbeats.news|2025/09/03 13:22:26

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.

Analysis: Powell has made this week's non-farm payroll data especially important; if the labor market data falls short of expectations, it will significantly increase rate cut expectations.

Tom Lee: Bitmine's Cryptocurrency Reserve Velocity Far Exceeds Strategy, Currently Holding Approximately $8.98 Billion in ETH