institutional pledge

On March 15th, it was reported that the institutional pledge platform Kiln and Injective have reached a cooperation to provide INJ institutional pledges to Kiln’s customers. Cooperation between institutional pledge platform Kiln and Injective Analysis based on this information:Kiln and Injective, two leading platforms in the blockchain industry, have announced a collaboration that will see the provision of Injective Protocol’s native token, INJ, as institutional pledges to Kiln’s customers. The partnership is expected to benefit clients of both platforms by facilitating seamless access to liquidity, security, and reliability in their investment plans. An institutional pledge is a financial commitment made by an institution, such as a hedge fund or a family office, to a project in the blockchain industry. It is a way of providing financial support to a project while gaining rewards in the form of tokens. This system benefits both parties, as the project can secure financial backing while investors can profit from the appreciation of the token…