Pineapple Financial Transfers $1B in Mortgage Data to Injective

Pineapple Financial has made significant strides in its onchain mortgage records initiative. The company has transferred over $1 billion of mortgage data to Injective, a major milestone in its mission to create structured, verifiable loan-level records.

This move involves more than 29,000 mortgages valued at over $10 billion, which will be closed onchain. Currently, Pineapple keeps about 2,079 tokenized mortgage records on Injective with its public dashboard.

The initiative is intended to wrap up the entire mortgage portfolio dating back to the beginning of Pineapple’s existence, creating a digital counterpart that can be inspected and tracked onchain.