Canary Capital launched an exchange-traded fund based on Injective’s INJ token, giving investors exposure through traditional brokerage accounts and the possibility of staking rewards. The rewards are potential returns, not guaranteed payments. Injective co-founder Eric Chen said the fund lets investors gain exposure without using a crypto exchange or blockchain wallet.
According to a press release, Injective has tokenized more than $1 billion in assets. The source says the network had processed more than 3.13 billion transactions and burned over 7.27 million INJ as of Oct. 22.
