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Public company Pineapple Financial launches mortgage tokenization plan, transferring billions of assets onto the blockchain
GateNewsBot
INJ-1,52%
ChainCatcher News: Canadian fintech company Pineapple Financial announces the launch of a mortgage tokenization platform on the Injective blockchain, planning to migrate its entire historical investment portfolio (over 29,000 mortgages totaling approximately $10 billion) onto the blockchain. Currently, the company has successfully tokenized over 1,200 mortgage files, valued at about $412 million. Each tokenized record contains more than 500 data points, aimed at increasing transparency and operational efficiency. Previously, it was reported that publicly listed company Pineapple Financial launched a $100 million Injective digital asset treasury strategy.
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