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Bergen County to Tokenize $240 Billion in Property on Balcony's Platform, Marking Largest Blockchain Deed Initiative in U.S.
- On May 28, 2025, Bergen County, New Jersey, entered a five-year partnership with Balcony to convert the county’s entire real estate registry—encompassing hundreds of thousands of property titles valued at approximately $240 billion—into a secure, blockchain-based digital ledger.
- The county pursued this initiative to modernize legacy property records vulnerable to fraud, ransomware, and administrative errors by leveraging Balcony's Avalanche blockchain platform.
- This project will create a tamper-proof, immutable, and searchable digital ledger of property titles across Bergen's 70 municipalities, serving nearly one million residents.
- Balcony CEO Dan Silverman highlighted that their blockchain technology reduces deed processing time by more than 90% and represents a significant advancement for how property and public records are managed.
- The digitization aims to reduce fraud, title disputes, and administrative costs, setting a model that may support broader national adoption of blockchain-based land records.
20 Articles
20 Articles
Property Transactions for May 28, 2025
No address assigned, Joshua and Danyelle Maida purchased from Ronald Dandrea for $6,000, bare land, 4/25. No address assigned, Wild North Stays LLC purchased from A-Lign Properties LLC for $735,000, bare land, 3/25. No address assigned, Joseph Viele and Desiree Govze purchased from St. Louis County Land and Mineral Department for $9,522, bare land, 3/25. 1001 N. 59th Ave. W., Sharifa L. Matin purchased from Randy Cade and Lynn Wakefield for $225…
Bergen County to Tokenize $240 Billion in Property on Balcony's Platform, Marking Largest Blockchain Deed Initiative in U.S.
Powered by Avalanche, the five-year project lays the groundwork for nationwide rollout of on-chain property records BERGEN COUNTY, N.J., May 28, 2025 /PRNewswire/ -- Balcony, a leader in blockchain-based land record management, has signed a five-year agreement with the Bergen County Clerk's Office, New Jersey, to digitize and bring 370,000 property deeds on-chain—representing approximately $240 billion in real estate value. The initiative marks …
RWA, AVAX News: A New Jersey County to Tokenize $240B Property Records on Avalanche
Bergen County, New Jersey is turning to the Avalanche AVAX network to put its entire property record system on blockchain, claiming to be the largest property deed tokenization project in the U.S.Under a five-year agreement with land record blockchain firm Balcony, the well-to-do county across the Hudson River from New York city will migrate 370,000 property deeds — representing about $240 billion worth of real estate — onto an immutable, search…
Bergen County enlists Balcony to tokenize $240B in real estate
The basics: Bergen County, Balcony to digitize 370,000 property deeds Nation’s largest blockchain deed project uses Avalanche tech Move improves security, speeds up processing Initiative brings $240B in NJ real estate value on-chain A landmark blockchain deed deal in New Jersey is big news for the state, and more broadly, as Balcony and Bergen County pursue efforts to bring approximately $240 billion in real estate value on-chain. The Bergen Co…
Bergen County launches blockchain pilot to modernize land records, boost security
Bergen County has partnered with blockchain startup Balcony in a five-year agreement to digitize and secure 370,000 property deeds, totaling roughly $240 billion in real estate value. The project, which uses Avalanche’s blockchain infrastructure, is the largest deed tokenization initiative in U.S. history and aims to modernize public records across all 70 municipalities in New Jersey’s most populous county. County Clerk John Hogan, who served on…
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