Injective Hit a Major Real World Asset Milestone Pineapple Financial has brought more than $1 billion in real estate mortgages onto Injective (@injective). Eventually, the company intends to move all its historical portfolio on the blockchain. This portfolio comprises over 29,000 funded mortgages, valued at over $10 billion. According to Injective, this partnership will go a long way in advancing its institutional asset tokenization efforts. RWA(.)xyz has started listing Injective as one of the biggest blockchain chains by tokenized real-world assets. Injective is also working on institutional tools via its Mint tokenization solution. The blockchain has already attracted enterprises including LG CNS and POSCO International.

Injective Gets Direct USDC Access Through Kraken Native USDC is now live on Kraken (@krakenfx), allowing users to move funds directly between Kraken and Injective (@injective). The integration gives Injective users easier access to stablecoin liquidity across its onchain markets. It also expands access to regulated real world assets built within the Injective ecosystem. Users can now deposit and withdraw USDC directly between the two platforms.

Injective hits all-time high staking milestone. There are now some 58.8 million INJ tokens staked on the @Injective L1 - a brand-new all-time high for the network. At time of writing, those 58.8 million INJ tokens are worth a staggering $367 million according to data from CMC.

Injective Staked Supply Hits New All Time High Injective states that total staked injective-protocol:native has hit a new ATH. Over 58.8 million INJ tokens are now being staked on-chain. This is a major jump considering there were only 42 million earlier in 2023. Even with market volatilities, staking supply has continued to increase. Injective claims that it makes them one of the leading L1s in terms of staking supply.

Injective Activates No-Code Token Launch Infrastructure @Injective has integrated two no-code protocols, Trippy Pump and TokenStation, to streamline on-chain asset creation for retail and developer cohorts. Trippy Pump utilizes a bonding curve mechanism for $INJ, $USDC, and $SAI pairs, automatically graduating successful projects to @ChoiceXchange liquidity pools once capital thresholds are met. TokenStation gives creators direct control over a native token. With this, creators can set the name, symbol, logo, initial supply, mint and burn supply, distribute an airdrop, and more. This deployment ensures immediate price discovery and market depth for emerging meme tokens and experimental assets without requiring manual smart contract programming.

Injective’s (@injective) weekly burn auction links network activity directly to injective-protocol:native supply reduction. Fees from participating apps are auctioned for INJ, and the winning bid is burned forever. Read the full breakdown of Injective’s burn mechanism and Supply Squeeze.