Pineapple Financial puts $1B in mortgage records on Injective
60-second summary
Pineapple Financial announces it will upload over $1 billion of mortgage records to the Injective blockchain, aiming to tokenize more than $10 billion in historic loans and convert thousands of files into on‑chain assets. The move showcases DeFi‑enabled securitization, potentially boosting liquidity, reducing settlement friction, and prompting broader institutional adoption of blockchain in mortgage finance.
The mortgage lender plans to bring more than $10 billion in historical loans onchain, turning thousands of mortgage files into blockchain-based records.