Reported 2 days ago
Pineapple Financial Inc., a fintech firm from Toronto, has announced the start of its $100 million Injective digital asset treasury strategy, acquiring 678,353 INJ tokens valued at about $8.9 million. Planning to stake these tokens for an annual return of approximately 12.75%, the company's stock saw a 15% increase following the announcement. CEO Shubha Dasgupta emphasized their goal of creating the largest INJ treasury platform, aligning with Injective's financial infrastructure.
Source: YAHOO