Pineapple PAPL
@PAPLpineapple
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Fintech mortgage platform (NYSE: PAPL) | First public $INJ holder | Pioneering a new era of onchain finance and blockchain-based treasury strategy
Joined August 2021
We have completed our initial $INJ purchase, deploying cash proceeds from our $100M raise into the open market to acquire 678,353 INJ ($8.9 million) Pineapple Financial $PAPL CEO Shubha Dasgupta sat down with the @NYSE to discuss our bold @Injective treasury strategy
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A first for public markets. Our $INJ Digital Asset Treasury is now partnered with @cryptocom, one of the largest Web3 companies worldwide. Together, we’ll expand the Injective mission and advance scalable onchain finance. (🍍/acc)
https://t.co/vCNztATkNg partners with @PAPLpineapple to support treasury strategy. Read more here 👉 https://t.co/MVfZbORrSj
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https://t.co/vCNztATkNg partners with @PAPLpineapple to support treasury strategy. Read more here 👉 https://t.co/MVfZbORrSj
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Pineapple’s investment in @Injective is not only leveraged exposure to $INJ token fundamentals, its leveraged exposure to the future of the financial system.
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UPDATE: Pineapple ($PAPL) has added another $1,000,000 worth of $INJ to its digital asset treasury. This is part of our continued market cash purchase program for INJ, reinforcing our conviction in Injective. (🍍/acc)
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🚨 NEW: Pineapple Financial ($PAPL) has executed its second open market purchase of $INJ, deploying an additional $2,000,000 into Injective. Despite recent market volatility, our conviction in Injective and our long-term $INJ treasury strategy remains stronger than ever.
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🔥 NEW: Fintech mortgage platform Pineapple Financial launched its $100M $INJ treasury, with initial purchase of 678,353 $INJ tokens worth $8.9M.
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🚨Pineapple Financial $PAPL has executed its first strategic purchase of INJ from the open market, acquiring 678,353 $INJ worth approximately $8.9 Million. This is the first cash purchase in a series of planned open market acquisitions. Infinite more ahead.
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Pineapple begins $100M Injective treasury, aiming to be top INJ holder
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Problem: Traditional mortgage-backed securities and secondary market trades take days to settle, tying up billions of dollars in liquidity and increasing costs for borrowers Solution: Settlement on @Injective is instant, recycling capital faster and reducing borrowing costs
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All of finance is moving onto blockchain rails. The chains that win will be those that most efficiently convert that momentum into real revenue. So far, @injective has established itself as a clear leader.
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$PAPL is live on the @NYSE floor Our CEO, Shubha Dasgupta, sat down to share how Pineapple is revolutionizing finance with onchain tokenization, AI and the brand new $100 Million @Injective treasury strategy. This is the future of finance. Infinite more ahead.
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Injective’s growth across tokenized real-world assets this year has established it as a clear market leader. Proven traction and performance were key factors in our decision to place @Injective and $INJ at the center of our long-term strategy.
Billions in RWA perp volume are flowing through @injective. Injective offers access to equities, FX, commodities, indexes, and even GPU rental rates. Markets run 24/7 and offer up to 25x leverage on stocks, 50x on commodities, and 100x on FX. Our latest report breaks it all
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$BTC = Gold $ETH = Technology Sector $INJ = Financial Sector
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Less and less $INJ exists every week. Onchain revenue from its financial ecosystem is used to reduce INJ’s total supply. This is one of the main reasons we will continue to aggressively deploy into $INJ with the proceeds from our $100M private placement.
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Congratulations to Figure on the Nasdaq IPO. A proof point that blockchain in real estate finance creates real value. At Pineapple, we’re bringing mortgages onchain with $INJ, unlocking trillions across Wall Street.
Today, on IPO day, we rang the bell at @Nasdaq, a milestone that marks both progress and possibility. What began as an idea to reimagine capital markets through blockchain is becoming a reality with money moving faster, cheaper, and transparently. We’re just getting started.
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We fund $1.5B+ in mortgages with tech like PineappleONE + MAUI AI. Now we’re taking the next step: a $100M Digital Asset Treasury on @Injective $INJ. Prudent, onchain, transparent. Next? Mortgages on chain. Follow the build.
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