According to Foresight News, fintech platform Pineapple Financial, listed on the New York Stock Exchange under the ticker PAPL, has successfully raised $100 million in a private placement. The company is initiating a digital asset management strategy anchored by Injective's native asset, INJ.
Pineapple Financial anticipates that the INJ-based strategy will yield approximately 12% in passive returns, positioning it among the higher levels within major blockchain networks. By focusing on an INJ-prioritized approach, Pineapple is aligning its asset management efforts to explore how blockchain-based assets can drive broader developments in the financial industry.
