Quick Breakdown
- Crypto.com to provide custody and staking infrastructure for Pineapple Financial’s $100M INJ treasury.
- Pineapple becomes the first publicly traded firm to adopt Injective in its corporate treasury.
- Partnership reinforces Crypto.com’s growing institutional custody network and regulatory push.
Crypto.com expands institutional reach with Pineapple Financial deal
Crypto.com has announced a strategic partnership with NYSE-listed Pineapple Financial Inc., marking another milestone in its institutional custody expansion. Under the agreement, Crypto.com will provide regulated custody and staking infrastructure for Pineapple’s planned $100 million Injective (INJ) treasury.
https://t.co/vCNztATkNg partners with @PAPLpineapple to support treasury strategy.
Read more here 👉 https://t.co/MVfZbORrSj pic.twitter.com/RNX9ZxKqU8
— Crypto.com (@cryptocom) October 28, 2025
Pineapple becomes the first publicly traded company to hold INJ in its corporate treasury, signaling growing institutional confidence in the Injective ecosystem. The firm has already made an initial acquisition of $8.9 million worth of INJ, with plans to gradually expand to the full target value while earning staking rewards.
Secure custody and yield generation through staking
Through Crypto.com Custody, Pineapple will leverage a fully regulated, institutional-grade storage platform to safeguard its INJ holdings. The collaboration also enables native staking, allowing Pineapple to lock and yield returns on its assets while maintaining long-term exposure to Injective’s tokenized finance and real-world asset (RWA) initiatives.
Crypto.com Custody, which operates under a U.S. trust charter, offers $120 million in insurance coverage and employs multi-party computation (MPC) for key management—features designed to ensure both regulatory compliance and robust security for large-scale digital treasuries.
Strengthening institutional custody footprint
This partnership adds Pineapple Financial to Crypto.com’s growing roster of institutional custody clients, which includes the TON Foundation, VeChain Foundation, VivoPower International, Aditxt Inc., and SOL Strategies Inc.
The announcement follows Crypto.com’s recent application for a National Trust Bank Charter with the U.S. Office of the Comptroller of the Currency (OCC). If approved, the move would elevate its custody division from a state-regulated trust entity to a nationally chartered institution, broadening its regulatory scope and credibility among corporate clients.
Meanwhile, Crypto.com is strengthening its presence in Asia through a new partnership with South Korean fintech giant Travel Wallet, Crypto.com and Travel Wallet signed an MoU to introduce a KRW-pegged stablecoin and co-branded prepaid card aiming to make cryptocurrency payments more accessible for global travelers.
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