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Pineapple Financial Launches Collateralized Lending Tokenization Platform on Injective
BlockBeats News, December 10th: Canadian fintech company Pineapple Financial announced the launch of a collateralized loan tokenization platform on the Injective blockchain, planning to migrate its entire loan portfolio (over 29,000 collateralized loans with a total value of approximately $10 billion) to the blockchain.
Currently, the company has successfully tokenized over 1,200 loan files worth around $4.12 billion. Each tokenized record contains over 500 data points aimed at increasing transparency and operational efficiency.
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