Pineapple makes first move in $100m Injective treasury play

Pineapple has executed its first open-market buy of 678,353 INJ tokens valued at $8.9 million. The purchase launches the company’s $100 million Injective treasury, which it said will be staked to generate yield and strengthen its onchain presence. According to…

from crypto.news https://ift.tt/7PLGBKE