PANews reported on September 3rd that financial technology platform Pineapple Financial (NASDAQ: PAPL) announced the establishment of a $100 million Digital Asset Treasury (DAT) dedicated to the storage of INJ tokens. The DAT will be deployed in phases, aiming to establish the first large-scale INJ reserve system on the public market.

Investors participating in this initiative include FalconX, Monarq, Abraxas, Blockchain.com, Canary Capital, Kraken, and the Injective Foundation.