From Cointelegraph

May 28, 2025 10:22 PM:

A New Jersey county partners with Balcony to tokenize $240 billion worth of property deeds on the Avalanche blockchain, the largest project of its kind in US history. The deal aims to streamline deed processing, reduce fraud, and enhance record security across 70 municipalities. Balcony plans to expand to other counties in New Jersey, aiming to digitize and modernize real estate management records. The tokenization of 370,000 property deeds in Bergen County brings the total number of tokenized deeds in New Jersey to approximately 460,000, with plans for further expansion beyond the state.

Read more at Cointelegraph: New Jersey county to tokenize $240B property deeds