Recently, the fintech sector welcomed a major piece of news. Pineapple Financial announced the completion of a $100 million financing, all of which will be used to acquire Injective ($INJ) tokens. This decision has attracted widespread attention in the cryptocurrency investment field.

Pineapple Financial plans to gradually increase its holdings of INJ tokens and stake them starting this month. The company has set a target annual yield of 12%, which is significantly higher than the current mainstream digital asset investment strategies. To ensure transparency, Pineapple will publicly disclose its purchasing plan and entrust a professional asset management company to execute trades in the open market.

At current market prices, $100 million worth of INJ tokens accounts for approximately 7% of its circulating supply. This significant acquisition will catapult Pineapple into one of the top ten holders of INJ tokens. Even more notably, Pineapple has also expressed its intention to become the largest holder of INJ in the future, demonstrating the company's long-term confidence in the Injective ecosystem.

Pineapple Financial, as a fintech company listed on the New York Stock Exchange, has received support for this investment initiative from several well-known institutions in traditional finance and the encryption field, including Kraken, FalconX, and Canary Capital. This cross-industry collaboration highlights the increasingly close relationship between traditional finance and emerging digital assets.

The capital management strategy of Injective demonstrates uniqueness in several aspects. First, it successfully attracts the attention and participation of long-term investors; second, it forms a good synergy with the core listed company business. It is worth mentioning that the INJ token adopts a fully circulating model, eliminating the need for a lock-up period for private investors, and this characteristic further enhances the market's confidence in it.

With the implementation of this massive investment, the landscape of the cryptocurrency market may change. Pineapple Financial's actions not only demonstrate its confidence in the INJ token but also provide new ideas for other institutional investors to enter the cryptocurrency market. In the future, we may see more traditional financial institutions adopt similar strategies and engage deeply in the digital asset market.