RWA blockchain platform Balcony completes Pre-Seed round of financing, with participation from Avalanche Blizzard Fund

Balcony, a blockchain infrastructure company headquartered in New Jersey, USA, announced the completion of the Pre-Seed round of financing, with the participation of Avalanche Blizzard Fund. The specific amount and valuation information have not been disclosed. Balcony builds a real-world asset (RWA) blockchain platform for institutions and government entities, providing secure and efficient on-chain transactions and asset settlement services. Currently, it is mainly used in the real estate sector. The new funds will be used to expand operations and development efforts.