Injective's enterprise adoption is accelerating ike never before. Gulf Labs, part of Thailand's $27 billion GULF Group, is now live as an institutional validator on Injective. Over time, Gulf Labs and Injective will work together across tokenization, stablecoins, enterprise distribution, education and AI infrastructure in Thailand. This is the latest in a run of enterprise wins for Injective across Asia and the US. → Korea's largest trading company POSCO International and LG CNS are tokenizing real trade receivables on Injective in a live pilot → Four Pillars and Korea University launched institutional validators on Injective → M-INJ, Asia's first regulated INJ fund, is live in Thailand under Thai SEC supervision → Pineapple Financial has moved over $1 billion in mortgage records onto Injective → Injective is now an SEC registered transfer agent GULF brings that momentum to a new scale. GULF Group is one of Thailand's biggest conglomerates, with operations across energy, telecom, banking, digital assets, cloud and data centers. → $27 billion market cap → 24GW+ of installed energy capacity → 46 million+ mobile subscribers → Data center business serving hyperscalers and Thai enterprises Gulf Labs is the group's blockchain and digital asset venture. Its validator is already securing Injective, validating transactions and voting in governance. That is the starting point. Tokenization and stablecoins Gulf Labs will connect Injective with institutions across GULF Group and the wider Thai market to explore tokenized assets, stablecoins and new onchain finance programs. Injective brings protocol level permissions, compliant asset controls and instant settlement. Gulf Labs brings local access and institutional relationships. Distribution and education Binance TH is the official partner for GULF Labs. bringing Injective to users nationwide through Binance TH Academy, roadshows, university networks and campaigns on the exchange. Data centers and AI compute Through Gulf Edge, builders on Injective get a local route to data center capacity, cloud services and AI compute in Thailand. In the coming months, injective will reveal a number of major enetrprise adoption wins across Asia and globally. Brick by brick, we will bring the entire insittutional world onchain with $INJ(Historical earnings: For 2026Q1 (period ended 2026-03-31), Circle Internet Group reported basic EPS of 0.23, diluted EPS of 0.21, net income of USD 55.253 million, and revenue of USD 0.694 billion. In the prior-year period (2025Q1, period ended 2025-03-31), basic and diluted EPS were 0, net income was USD 64.791 million, and revenue was USD 0.579 billion. For 2025FY (period ended 2025-12-31), basic and diluted EPS were -0.44, net income was USD -69.508 million, and revenue was USD 2.747 billion. Consensus expectations: For 2026Q3 (event date 2026-11-04), consensus EPS estimate is 0.373 and revenue estimate is USD 0.792 billion. For 2026Q4 (event date 2027-02-23), consensus EPS estimate is 0.3117 and revenue estimate is USD 0.831 billion.)