[Pineapple Completes $100 Million Private Placement, Launches INJ Fund Management Strategy] Foresight News reports that fintech platform Pineapple Financial (NYSE: PAPL) has completed a $100 million private placement and launched a digital asset fund management strategy anchored to Injective's native asset, INJ. Pineapple stated that the INJ fund management strategy is expected to generate approximately 12% passive yield, which is considered relatively high among major blockchain networks. By focusing on an INJ-first strategy, Pineapple is positioning its fund management efforts to explore how blockchain-based assets can drive broader development in the financial industry.