Crypto.com partners with Pineapple Financial to provide custodial and collateral infrastructure for its INJ treasury

Crypto.com entered into a strategic partnership with Pineapple Financial Inc., a NYSE-listed company. Under the agreement, Crypto.com will become Pineapple's primary custodian service provider and pledge support for its $100 million digital asset reserve denominated in INJ (Injective Token, currently down 1.81%).
As part of the agreement, Pineapple will securely store its holdings of INJ tokens using Crypto.com regulated custodial infrastructure. Crypto.com will also provide native staking services for these tokens to help Pineapple achieve long-term lock-in of tokens and generate income for staked assets.