Pineapple Financial Digital MortgagesPAPL0
PAPL0, issued by Pineapple Financial Inc., is a tokenized mortgage data asset that represents a digitized mortgage record drawn from the issuer's portfolio and rendered as a metadata-rich, auditable digital item onchain. Each token tracks Pineapple Financial Inc. (NYSE: PAPL) mortgage records exposed through the Mortgage Data Marketplace as standardized fungible digital assets, with each token valued at one U.S. dollar (USD). Each tokenized mortgage record carries extensive underlying loan-level data, with the related Pineapple Prime offering describing yields backed by mortgages onchain. The economic value derives from the digitized mortgage record itself rather than a distributing fund interest. The disclosed issuer is Pineapple Financial Inc., headquartered in Toronto, Ontario, Canada, operating under Canadian provincial mortgage brokerage registrations including Ontario 12830, British Columbia Financial Services Authority (BCFSA) MB600871, Quebec Autorité des marchés financiers (AMF) 3002803823, Real Estate Council of Alberta (RECA) 00424723, and Saskatchewan 512229. Access to the Mortgage Data Marketplace is gated and structured for compliant institutional delivery, indicating permissioned access for institutional participants. A Register Interest call-to-action is available for the forthcoming products. The asset is built on the Injective blockchain, with IPFS used for offchain provenance and audit-ready storage references. Mortgage documents are transformed into tokenized, metadata-rich onchain assets, and the related Pineapple Prime offering references programmable controls and onchain governance over the underlying loan-level records.