Pineapple Financial completes $100 million private placement and launches INJ treasury
Source: PANews
Time: 2025-09-05 21:29:37
PANews reported on September 5 that according to Newsfilecorp, Pineapple Financial announced that it has completed a US$100 million private equity financing and will set up a special Injective (INJ) vault to acquire INJ, becoming the first listed company to hold INJ. The strategy is expected to bring about an annualized return of about 12%, and investors include FalconX, Kraken, Blockchain.com, etc. As a native asset of Injective public chain, INJ has recently increased by more than 1,000% year-on-year.