Pineapple Financial Migrates $10 Billion Mortgage Portfolio to Blockchain Using Injective Protocol

Financial services firm Pineapple Financial has initiated the migration of its $10 billion mortgage portfolio onto the blockchain. The company is leveraging the Injective Protocol to bring these real-world assets (RWA) onchain. This strategic move aims to enhance transparency, increase operational efficiency, and unlock new liquidity avenues within the DeFi ecosystem. By tokenizing a significant portion of the mortgage market, Pineapple Financial is positioning itself at the forefront of the convergence between traditional finance and decentralized technology. The integration with Injective's fast and secure blockchain is expected to streamline processes and offer innovative financial products to a broader audience.