Pineapple completes a $100 million private placement and launches INJ fund management strategy
Source: ForesightNews
Time: 2025-09-05 21:25:11
According to Foresight News, financial technology platform Pineapple Financial (NYSE: PAPL) completed a $100 million private placement and launched a digital asset fund management strategy anchored by Injective native asset INJ. Pineapple said the INJ fund management strategy is expected to generate a passive rate of return of about 12%, which is at a high level among major blockchain networks. By focusing on the INJ-first strategy, Pineapple is positioning its money management to explore how blockchain-based assets can drive the broader financial industry.