According to Foresight News, Balcony, a blockchain infrastructure company based in New Jersey, USA, has announced the completion of its pre-seed funding round. The round saw participation from Avalanche Blizzard Fund, however, the specific amount and valuation details have not been disclosed. Balcony is developing a blockchain platform for real-world assets (RWA) aimed at institutions and government agencies. The platform offers secure and efficient on-chain transactions and asset settlement services, with its primary application currently in the real estate sector. The newly acquired funds will be used to expand operations and development efforts.
Blockchain Infrastructure Firm Balcony Secures Pre-Seed Funding
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