Pineapple Launches $100M INJ Treasury with 12.75% Yield
Pineapple Financial has launched a $100 million INJ Treasury, becoming the first public company to back Injective. The INJ Treasury debuted with an $8.9 million purchase of 678,353 INJ tokens, funded by a recent private placement. All tokens are staked onchain for an expected 12.75% annual yield, nearly double Ethereum’s and 1.8 times Solana’s rates.
Pineapple’s INJ Treasury plan includes further INJ acquisitions to become the largest holder and staker. The firm will integrate Injective’s infrastructure into mortgage finance—data management, loan servicing, settlement and real-world asset tokenization. Meanwhile, institutional interest in INJ is rising. Asset managers Rex Shares and Osprey Funds have filed for staked INJ ETFs with the SEC alongside LINK and HBAR.
Injective has also launched onchain pre-IPO perpetual markets and real-world asset derivatives, reporting over $1 billion in recent volume. Traders should monitor INJ liquidity, staking yields and treasury buy trends. This move strengthens long-term demand but carries token volatility and liquidity risks during unbonding.
Bullish
Large-scale treasury purchases and onchain staking reduce circulating supply and signal strong buy-side demand for INJ. The high annual yield—nearly double Ethereum’s—provides an attractive income stream that may extend holding duration and support prices in both short and long term. Institutional ETF filings by Rex Shares and Osprey Funds indicate growing institutional confidence, which could further boost liquidity and price stability. However, token volatility and unbonding liquidity constraints pose short-term risks, potentially triggering price swings around unstaking events. Overall, the news is bullish for INJ’s market outlook.