Core Insights - Pineapple Financial Inc. has launched a mortgage tokenization platform, marking a significant advancement in its on-chain financial infrastructure strategy, aimed at enhancing transparency, efficiency, and yield opportunities in the mortgage ecosystem [1][2] Group 1: Tokenization Platform Launch - The company has commenced the on-chain migration of its mortgage portfolio, with over half a billion dollars in mortgages already tokenized, converting legacy loan data into secure digital assets [1][2] - The initial deployment includes 1,259 mortgage files on-chain, representing approximately $716 million CAD in funded mortgage volume, with plans to migrate over 29,000 funded mortgages totaling around $13.7 billion CAD [2] Group 2: Data and Operational Improvements - Each tokenized mortgage record contains more than 500 unique data points, creating a unified and auditable source of truth that aims to streamline operational workflows and improve risk modeling [3] - The platform addresses long-standing operational challenges in mortgage finance, such as fragmented data systems and manual audits, by enabling automated verification and real-time audit trails [4] Group 3: Future Developments - Pineapple is developing two new commercial products: a Mortgage Data Marketplace for compliant access to anonymized loan-level data and Pineapple Prime, which will provide on-chain access to mortgage-backed yield opportunities [9]