Pineapple Financial Migrates $1 Billion in Mortgage Records to Injective

Mortgage lender Pineapple Financial has migrated over $1 billion in residential mortgage records to the Injective blockchain. The company plans to eventually move more than 29,000 loans, totaling over $10 billion, onto the network. Each mortgage is converted into an individual on-chain record containing over 500 data points to facilitate verification, auditing, and risk analysis. These records are represented by the PAPL0 token, which tracks the mortgage data rather than ownership of the underlying loans. The PAPL0 token currently has a market capitalizatio