Balcony
Balcony provides a real estate tokenization and land records modernization platform that secures and modernizes America's property data infrastructure. The company offers two primary software solutions: Keystone, a central hub for unified property data enabling seamless access and management across government departments, and mTrace, an intelligence software that surfaces property-based threats, reveals hidden…
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About
Balcony provides a real estate tokenization and land records modernization platform that secures and modernizes America's property data infrastructure. The company offers two primary software solutions: Keystone, a central hub for unified property data enabling seamless access and management across government departments, and mTrace, an intelligence software that surfaces property-based threats, reveals hidden ownership, and supports investigative decision-making for critical assets. Balcony's flagship initiative is a groundbreaking five-year partnership with Bergen County, New Jersey to digitize and move 370,000 property deeds worth approximately $240 billion to a blockchain-based deed tokenization platform, representing the largest blockchain deed initiative in history. The platform features a web2 interface that allows the real estate ecosystem to interact with digitized assets, and is expanding across U.S. counties including new partnerships in Kentucky. Trusted partners include Esri, PRIA, and Quantifind. Founded in 2023 and headquartered in Hoboken, New Jersey, Balcony has raised $24.7M in seed funding from investors including Blizzard and Blockchange, and is recognized as a minicorn.
Business model
Investment Tech > Alternative Investment Platforms > Non Fungible Tokens > Collectibles > Real World Assets > Real Estate
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