Balcony has successfully raised $12.7 million in a seed funding round led by Blockchange Ventures, bringing its total funding to $14 million. The company plans to utilize the new capital to launch an on-chain real estate transaction and asset settlement platform in the U.S. This initiative aims to consolidate fragmented property records into a secure digital registry and employ AI technologies to prevent title fraud, enhancing the real-world asset infrastructure on the Avalanche blockchain.