Pineapple has executed its first open-market purchase of 678,353 INJ tokens valued at $8.9 million. The acquisition launches the corporate’s $100 million Injective treasury, which it stated can be staked to generate yield and strengthen its onchain presence.
Abstract
- Pineapple Monetary has launched its $100 million Injective Digital Asset Treasury with an $8.9 million buy of 678,353 INJ tokens.
- The fintech agency plans to stake its INJ holdings to generate yield and combine Injective’s infrastructure into mortgage finance operations.
- The transfer comes as institutional curiosity in Injective grows, following ETF filings and increasing real-world asset markets on the protocol.
Based on a press launch dated Oct. 7, the Toronto-based fintech agency has formally activated its $100 million Digital Asset Treasury technique, funded by a personal placement final month.
The preliminary acquisition of 678,353 Injective (INJ) tokens is the primary tranche in a sequence of deliberate market purchases, kicking off a company marketing campaign with the purpose of changing into the only largest holder and staker of INJ. Notably, the Pineapple workforce confirmed your entire place can be staked onchain instantly.
“This preliminary Injective funding underscores our conviction within the power of the $INJ token’s future and our ambition to create the world’s largest and most efficient INJ treasury platform,” Pineapple CEO Shubha Dasgupta stated. “This transaction marks the primary of many milestones, as we set up ourselves as a pioneering DAT firm and work to realize our imaginative and prescient to carry Pineapple’s mortgage finance enterprise onchain utilizing Injective’s monetary infrastructure.”
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Pineapple to develop its Injective footprint past token accumulation
Based on the discharge, Pineapple intends to deeply combine Injective’s decentralized infrastructure immediately into its core enterprise strains. The corporate plans to leverage the blockchain for crucial mortgage-finance capabilities, together with information administration, mortgage servicing, settlement, and the nascent subject of real-world asset tokenization.
This means a future the place parts of the house mortgage course of may very well be managed onchain, an formidable technical endeavor that goes far past easy token acquisition.
Pineapple’s pivot arrives throughout a interval of notable institutional momentum for the Injective ecosystem. Simply days previous to Pineapple’s announcement, asset managers Rex Shares and Osprey Funds formally filed with the SEC for a staked INJ exchange-traded fund.
This transfer, which locations INJ alongside different digital-infrastructure property within the ETF Alternatives Belief, indicators a rising recognition of the token’s worth proposition inside conventional finance circles.
IT’S OFFICIAL: Rex Shares and @OspreyFunds have filed with the SEC to launch a staked $INJ ETF.
The fund is a part of the ETF Alternatives Belief, which solely consists of main property like LINK and HBAR, forming a lineup of core digital asset infrastructure alongside INJ. pic.twitter.com/LaJFwNGRgr
— Injective 🥷 (@injective) October 4, 2025
Concurrently, Injective has been increasing its suite of subtle monetary merchandise. Earlier this month, the protocol launched onchain pre-IPO perpetual markets, permitting for leveraged buying and selling of artificial shares for main non-public firms like OpenAI.
These markets, that are absolutely onchain and decentralized, signify a direct effort to bridge conventional finance with DeFi, providing international entry to a market section traditionally reserved for giant establishments. Injective’s push into real-world-asset derivatives has already seen substantial quantity, with the protocol reporting over $1 billion in RWA perpetual-futures buying and selling in current weeks.
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