Thailand's Gulf Labs becomes institutional validator on Injective
- —Gulf Labs bonded about 500,000 INJ to support network security and governance
- —GULF Group has a market cap of roughly $27 billion, 24 GW of energy capacity and 46 million mobile subscribers
- —The partnership covers tokenization, stablecoins and infrastructure, with Binance TH involved
- —Injective has tokenized more than $1 billion in real-world assets
Why it matters: A major Thai conglomerate joining as a validator strengthens Injective's institutional base and extends its Asian push beyond South Korea.
Source: Crypto Briefing