RWA blockchain platform Balcony completes Pre-Seed round of financing, Avalanche Blizzard Fund participates

According to BlockBeats, on May 3, according to Finsmes, Balcony, a blockchain infrastructure company in New Jersey, announced the completion of the Pre-Seed round of financing, with Avalanche Blizzard Fund participating. The specific amount and valuation information have not been disclosed. The new financing will be used to expand operations and development work. It is reported that Balcony is committed to building an RWA blockchain platform for institutions and government agencies, providing on-chain transactions and asset settlement services, which are currently mainly used in the real estate field.