TechFlow News, May 8: Balcony, an RWA infrastructure built on the Avalanche blockchain, has raised $12.7 million in seed funding, led by Blockchange Ventures. Leveraging the Avalanche blockchain and AI technologies, Balcony consolidates fragmented property records across U.S. counties into an immutable digital registry system for threat detection and title tracking. Balcony stated that the proceeds will be used to expand its engineering team and accelerate the deployment of its Keystone platform across additional U.S. counties. To date, Balcony has tokenized approximately 370,000 deeds in Bergen County, New Jersey—representing assets valued at roughly $240 billion.
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