Balcony completes $12.7 million seed round financing

According to Tamradar, Balcony, an RWA infrastructure based on the Avalanche blockchain, has completed a $12.7 million seed funding round led by Blockchange Ventures. Its total funding now reaches $14 million. The new capital will be used to deploy an on-chain real estate trading and asset settlement service platform in the US market, integrate decentralized property records into a tamper-proof digital register, and utilize AI detection technology to combat title fraud.