Canary Capital Launches Staked INJ ETF, Injective Foundation Initiates Trench Treasury Program
Canary Capital plans to launch the Staked Injective ETF (INJ ETF), with the ETF code INJC, aimed at providing investors with exposure to INJ tokens and potential returns through a staking mechanism. At the same time, the Injective Foundation announced the launch of the Trench Treasury, an ecosystem support program designed to support projects based on INJ tokens and reward community members who actively participate in ecosystem development. Canary Capital has previously invested in various cryptocurrency asset products, and the launch of the Staked INJ ETF reflects the growing demand for institutional cryptocurrency investment products and on-chain staking yields. Injective aims to expand its ecosystem through the Trench Treasury and promote more projects to develop around the INJ network.
-- Price
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