Balcony Completes $12.7 Million Seed Round, Led by Blockchange Ventures

BlockBeats News, May 8th - According to official sources, AI blockchain land registry platform provider Balcony has announced the completion of a $12.7 million seed round of financing, led by Blockchange Ventures. The platform utilizes the Avalanche blockchain and AI threat detection technology to integrate fragmented real estate records into a tamper-proof digital registry system. This funding round will be used to expand the engineering team, drive market expansion, and deploy its Keystone platform across various counties in the United States.

According to reports, Balcony's Keystone platform can aggregate data from different systems into a unified, searchable, and verifiable data center, while mTrace uses AI for anomaly detection and property rights tracing.