Pineapple Migrates Mortgage Loans to Injective, $100M INJ Treasury with Kraken Verification

Pineapple has migrated its mortgage loans to the Injective network, with a partnership that includes a $100 million INJ digital asset treasury. Kraken provides verification services for the treasury assets. Tokenized real estate is emerging as a key area for bringing traditional illiquid assets on-chain. According to RWA.xyz data, the sector currently holds a distributed value of approximately $226.5 million, up 11.7% in the past 30 days, yet remains a small fraction of the $38.8 billion tokenized real-world asset market.