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Pineapple completed a $100 million private sale and launched the INJ fund management strategy.
Foresight News reports that the fintech platform Pineapple Financial (NYSE: PAPL) has completed a $100 million private sale and launched a digital asset fund management strategy anchored by the Injective native asset INJ. Pineapple states that the INJ fund management strategy is expected to yield approximately 12% passive returns, which is considered high among major blockchain networks. By focusing on INJ-priority strategies, Pineapple is positioning its fund management to explore how blockchain-based assets can drive broader financial industry development.