Injective adds Thai conglomerate arm Gulf Labs as institutional validator

The blockchain unit of Thailand's GULF Group has bonded approximately 500,000 INJ and plans to explore tokenization and stablecoins with local institutions Injective has a new validator, and it comes with a power grid attached. Gulf Labs, the blockchain and digital-asset investment division of Thailand’s GULF Group, went live as an institutional validator on the Injective network on October 6, 2026. The move gives Injective a direct line into one of Thailand’s largest corporate ecosystems, and it pushes the network’s Asian expansion further beyond South Korea.

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