Injective

Injective Labs, in collaboration with 21Shares, has announced ，The fund represents a significant milestone in Injective's efforts to integrate with traditional financial markets and institutions.the launch of AINJ — the Injective Staking Exchange-Traded Product (ETP) linked to INJ, which will include staking.

This advancement aims to facilitate rapid and seamless transactions, reducing the risk of front-running and MEV attacks commonly observed on other blockchains.

DeFi researcher Thor Hartvigsen questions Injective Protocol's high valuation, contrasting its modest on-chain metrics with competitors, despite its impressive market performance.

Injective's collaboration with Google Cloud opens a new chapter in Web3 finance by integrating its blockchain data into BigQuery. This alliance promises to accelerate mainstream adoption of decentralised technologies.

“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a button,” Injective Labs stated.