Bergen County Adopts Avalanche Blockchain to Tokenize $240B in Property Deeds
- Bergen County will digitize $240B in property deeds via Avalanche in a five-year partnership.
- New Jersey now has 460,000 tokenized property deeds, leading the nation in digital records.
- The blockchain system will reduce deed processing time by 90% and improve record accuracy.
Bergen County will digitize $240B in property deeds via Avalanche in a five-year partnership.
The blockchain system will reduce deed processing time by 90% and improve record accuracy.
New Jersey’s tokenized property deeds now total nearly 460,000 across multiple counties.
Bergen County is leading the way with the biggest real estate tokenization project in American history. The county plans to transfer $240 billion of property records to a blockchain system. By doing so, the government is implementing a new system for processing and utilizing public records.
$240B in real estate is coming on-chain.@balconytech is working with Bergen County and multiple other NJ municipalities to digitize property records, and it’s powered by Avalanche.
— Avalanche
This is the largest blockchain deed initiative in U.S. history. pic.twitter.com/aeI0t5nffp(@avax) May 28, 2025
Blockchain-base…
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Bergen County Adopts Avalanche Blockchain to Tokenize $240B in Property Deeds
- Bergen County will digitize $240B in property deeds via Avalanche in a five-year partnership.
- New Jersey now has 460,000 tokenized property deeds, leading the nation in digital records.
- The blockchain system will reduce deed processing time by 90% and improve record accuracy.
Bergen County will digitize $240B in property deeds via Avalanche in a five-year partnership.
The blockchain system will reduce deed processing time by 90% and improve record accuracy.
New Jersey’s tokenized property deeds now total nearly 460,000 across multiple counties.
Bergen County is leading the way with the biggest real estate tokenization project in American history. The county plans to transfer $240 billion of property records to a blockchain system. By doing so, the government is implementing a new system for processing and utilizing public records.
$240B in real estate is coming on-chain.@balconytech is working with Bergen County and multiple other NJ municipalities to digitize property records, and it’s powered by Avalanche.
— Avalanche
This is the largest blockchain deed initiative in U.S. history. pic.twitter.com/aeI0t5nffp
Blockchain-base…
The post Bergen County Adopts Avalanche Blockchain to Tokenize $240B in Property Deeds appeared first on Coin Edition.
Read More