Pineapple Financial has moved over $1 billion in residential mortgage records onto the Injective blockchain, increasing transparency and reducing friction in mortgage data verification. The company aims to scale this to $10 billion in on-chain loan data, with 2,079 records currently tokenized and linked to original loan files. This move could disrupt traditional mortgage-backed security markets by offering cleaner, faster, and cheaper data handling. The PAPL0 token, representing these records, has gained 48.2% in market cap over nine months, signaling growing investor interest in blockchain-based mortgage assets.
Injective has emerged as a leading layer-1 blockchain platform after Pineapple Financial tokenized over $1 billion in residential mortgage records on its network. This milestone highlights Injective's growing role in the asset tokenization space, mak...
Pineapple Financial has begun migrating $10 billion in historical mortgage loan records onto the Injective blockchain, with over $1 billion already tokenized and live on-chain. This move represents a significant shift in mortgage servicing data manag...
