Fintech Pineapple launches $100M fund to acquire Injective tokens
The Injective Overview - September 8, 2025
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Injective By the Numbers
$INJ price: $13.33 (-0.37%)
Token market cap: $1.3B (-0.76%)
Total $INJ staked: 54.57M (-0.6%)
Staking APR: 12.8% (+0.63%)
Injective daily trading volume: $89.77M (-15.48%)
The percentages and metrics are calculated from its change over a 14-day time frame, unless noted otherwise.
Injecting in the biggest developments
Highlighting some of the largest announcements from Injective.
🥷 What’s happening: Pineapple Financial, a Toronto-based fintech firm, is launching a $100 million Digital Asset Treasury (DAT) dedicated to acquiring Injective’s native token, INJ.
🥷 Why it matters: Pineapple’s DAT signals strong institutional confidence in Injective’s long-term potential, as this is a regulated, publicly traded entity willing to incorporate INJ to its holdings.
This would make Pineapple the first publicly traded company to hold INJ as a treasury asset. The company also plans to deploy capital gradually, while staking tokens to secure the network and earn yields.
The deal also offers stock market investors indirect exposure to INJ, reducing barriers to entry by creating a funnel into Injective’s ecosystem without navigating complex crypto custody or regulatory hurdles. Meanwhile, this expands Injective’s presence in the institutional landscape, as Pineapple will be accumulating INJ tokens and staking it for yields of about 12%.
What sets a DAT apart from other traditional investment instruments is that it's a deliberate, long-term strategy to integrate digital assets into a company’s balance sheet. Similar to MicroStrategy’s approach with its bitcoin holdings, Pineapple's choice of INJ highlights Injective’s strengths as a blockchain tailored for financial use cases, like mortgage-backed securities.
🥷 The bigger picture: Pineapple's INJ treasury strategy is the firm’s first step into the Injective ecosystem, with immediate plans to stake assets, and future plans to leverage the chain for business operations. This strengthens the overall security and governance of the Injective ecosystem, and also fosters deeper participation.
As crypto grows its contributions to the global financial system, Pineapple’s DAT and investment into Injective underscores web3’s role as a bridge for decentralized and traditional markets.
The $100 million commitment also serves to boost Injective’s focus on the tokenization for all kinds of financial products, like onchain real estate or derivatives. The launch is yet another signal of crypto’s growing maturity, enabling an ecosystem in which blockchains like Injective can foster an interconnected economy, enabling assets to flow clearly, and helping institutional trust accelerate mainstream adoption.
Expanding the financial ecosystem
Updates on the latest network of dApps, validators, builders and more helping Injective expand its financial use cases.
Injective recorded $224.66M in perp volume on Sept. 1, its second largest single-day for this category
Helix TVL hit $30.5M on Sept. 4, and is up more than 80% on the month
Total dApp transactions on Injective are up 25% on the month to 850.3M
The US SEC opened a comment period for the Canary Capital Injective Staking ETF, the next step towards public release
Injective saw 2.5K total code commits over the past month, the second highest among all L1 blockchains
Explore Injective’s institutional overview here
From the Injective ninjas 🥷
Highlighting the builders, communities and ecosystem players within the Injective blockchain.
Injective Labs Head of Research Brandon Goss spoke about tokenized RWAs and ETFs on an X space
Learn about Injective EVM dApps Yei Finance, Orbiter and Stryke in an X space
Helix added expiry futures trading for WTI Crude Oil to its perp trading DEX
Paradyze launched a leaderboard for season 1 of the Pushing P campaign on its onchain prediction markets platform
Choice Exchange updated its rewards program, which gives users points for trading on Hydro Protocol
For more Injective updates, check out its blog here.
Dive deeper into Injective
Want to get involved in the ecosystem? Get involved in an activation below:
Find the latest job postings on Injective Labs here
Check out these programs for Injective ecosystem founders to receive grant funding and mentorship:
Cointelegraph Accelerator 12-week program
Outlier Ventures 9-week program for early-state EVM developers
Check out Injective’s Ninja Missions to earn rewards for contributing to community activations
Submit asset listing requests for Helix in its Discord
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.