Toronto-based mortgage lender Pineapple Financial has migrated over $1 billion in residential mortgages onto the Injective blockchain, representing nearly the entire global tokenized real estate market estimated at $1.34 billion. The number of mortgage records on-chain reached 2,079, up from 1,259 when the project launched in December 2025, a 65% increase in roughly nine months. Pineapple Financial plans to eventually migrate its entire historical portfolio of more than 29,000 funded mortgages valued at over $10 billion. The company holds a treasury position of approximately $100 million in INJ tokens and Injective secured SEC transfer agent registration in August 2026, bolstering its credibility with financial institutions.
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