Injective: Pineapple Financial begins onchain migration of $10B mortgage portfolio - 03 Sep 2026

Pineapple Financial has tokenized over $1 billion in real estate mortgages on Injective and will migrate its full portfolio of more than 29,000 funded mortgages, worth over $10 billion, onchain over time. The move places a large pool of tokenized real-world assets on the network and gives INJ holders a concrete institutional use case to track.The commitment covers the entire $10 billion portfolio, but migration happens gradually, so the onchain balance grows in stages rather than at once. Even so, a single issuer moving mortgage assets of this size gives Injective one of the larger tokenized real-world asset positions among comparable networks.For INJ, the relevant question is whether repricing reflects the announced commitment or the assets actually settled onchain. Tracking migration progress against the 29,000-mortgage total offers a measurable way to separate narrative from delivered volume.Today, over $1 Billion in real estate mortgages have been tokenized on Injective.This also makes Injective one of the largest layer-1 chains by total RWA asset value and marks the beginning as Pineapple Financial tokenizes its $10 Billion portfolio on injective-protocol:native