24/7 Market News Snapshot 05 September, 2025 – Pineapple Financial Inc. (NYSE:PAPL)

September 5, 2025

DENVER, Colo., 05 September, 2025 (www.247marketnews.com) – (NYSE:PAPL) are discussed in this article.
Pineapple Financial Inc. has recently experienced a remarkable increase in its stock value, which opened at $4.10 and is currently trading at approximately $5.97, representing an impressive 44.13% rise from the previous day’s close of $4.14. This surge reflects heightened enthusiasm among investors, as evidenced by the current trading volume of 1.08 million shares. Technical analysis suggests that this momentum could support additional gains, positioning Pineapple Financial as a noteworthy contender in the market.

In a significant development, Pineapple has also successfully executed a private placement, raising around $100 million by issuing 24,642,700 subscription receipts. This funding marks a pivotal accomplishment for the company, establishing it as the first publicly listed entity to utilize INJ, the native asset of the Injective platform, in its treasury strategy. This strategic move aims to leverage INJ’s potential for delivering exceptional yields, with expectations of generating a passive return of about 12%, situating Pineapple among the leaders in tokenized finance.

Shubha Dasgupta, CEO of Pineapple Financial, emphasized the importance of this initiative, stating that it validates the company’s vision for institutional on-chain finance and reflects their commitment to harnessing blockchain technology to improve financial systems. The successful placement attracted a diverse array of institutional investors, including reputable firms such as FalconX, Kraken, and the Injective Foundation, underscoring the growing confidence in digital assets as a fundamental component of modern finance.

As financial markets evolve, Pineapple Financial recognizes the necessity of innovative capital flows enabled by blockchain’s inherent advantages of speed, efficiency, and transparency. The company’s commitment to incorporate INJ into its treasury strategy exemplifies a forward-looking approach to address the increasing demand for financial tokenization, thereby shaping a more accessible financial future.

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