Pineapple Financial Tokenizes $10B Mortgages on Injective Blockchain

News Flash 2025-12-13 03:11

Pineapple Financial Inc. has announced plans to tokenize 29,000 mortgages worth $10 billion on the Injective blockchain. This move is part of a broader $13.7 billion portfolio expansion. The company has also secured a $100 million private placement in INJ tokens, with backing from FalconX and Kraken. Cooper Emmons of Injective Labs highlighted this as one of the largest real-world asset deployments by a public company.

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