Pineapple Financial will launch a $100 million INJ vault, with FalconX, Abraxas and others participating in the investment
Source: BlockBeats
Time: 2025-09-03 20:56:03
According to BlockBeats, on September 3, fintech platform Pineapple Financial ($PAPL) launched a $100 million digital asset vault dedicated to accumulating INJs. In the next few weeks and months, the money will be invested to create the world’s largest publicly traded INJ vault. This action will not only enable traditional financial institutions to acquire INJs through the stock market, but will also allow Injective to introduce an unparalleled series of tokenized assets on its blockchain, unlocking a truly trillion-dollar market opportunity. The deal attracted top investors in traditional finance and crypto, including FalconX, Monarq, Abraxas, Blockchain, Canary Capital, Kraken, Injective Foundation and many other institutions.