Pineapple Financial Migrates Mortgages to Blockchain Platform
- Pineapple Financial moves $13.7B CAD mortgages on blockchain.
- Tokenizes 29,000 loans for digital transparency.
- Significant asset deployment on public platform.
Pineapple Financial Inc., a Canadian fintech, announced the tokenization of over 29,000 mortgages on the Injective blockchain, transforming approximately $13.7 billion CAD into digital assets as of December 10, 2025.
This initiative positions Pineapple at the forefront of financial innovation, potentially reshaping the mortgage market and exemplifying blockchain’s viability for real-world asset management.
Nutgraph:
Pineapple Financial Inc., a Canadian fintech, announced the tokenization of its mortgage portfolio, totaling $13.7 billion CAD, on the Injective blockchain. This strategic move marks a significant step toward integrating real-world assets with blockchain technology.
Pineapple’s Initiative on Blockchain
Pineapple’s initiative involves migrating 29,000 mortgages to the Injective platform. This action represents a major shift in how mortgage data is managed, with Pineapple setting a new standard in digital finance.
Pineapple Financial starts migrating its $10 billion mortgage portfolio
Market and Industry Implications
This initiative brings immediate effects on the mortgage and blockchain industries, integrating real-time digital resources and enhancing market credibility. Stakeholders anticipate improved transparency and operational efficiency in mortgage transactions.
The financial implications are profound, as Pineapple’s move may revolutionize how mortgage portfolios are managed. Blockchain provides robust security and transparency, potentially reducing costs and enhancing trust in mortgage lending.
Investment Pathways and Regulatory Considerations
The tokenization process, conducted on the Injective blockchain, provides a new investment pathway. This initiative could set a precedent for other mortgage companies, encouraging a broader adoption of blockchain in financial services.
Cooper Emmons, Institutional Markets Advisor, Injective Labs, said, “Tokenizing Pineapple’s mortgage portfolio on Injective represents one of the most significant real-world asset deployments ever conducted by a public company. Pineapple is setting a new industry standard by moving real mortgage data on-chain at scale.”
Industry experts note potential regulatory and technological outcomes with Pineapple’s ambitious tokenization path. The use of a public blockchain promises wider market accessibility, stability, and a potential shift in traditional asset management frameworks.
