Pineapple Financial Launches Mortgage Tokenization Platform on Injective, Plans to Migrate $10 Billion Portfolio
Canadian fintech firm Pineapple Financial announced on Dec. 10 it has launched a mortgage tokenization platform on the Injective blockchain and plans to migrate its entire historical portfolio of more than 29,000 mortgages worth about $10 billion onto the chain, BlockBeats reports. The company has tokenized over 1,200 mortgage documents valued at approximately $412 million, with each tokenized record carrying more than 500 data points to support greater transparency and operational efficiency.