Real estate tokenization firm Propy has unveiled a $100 million expansion plan to acquire mid-sized property title firms across the United States. The initiative aims to modernize the title industry by integrating blockchain and AI technologies to streamline traditionally manual processes. Over the next 12 months, Propy plans to acquire regional title companies, with the goal of achieving a $1 billion valuation. The funding for this expansion includes contributions from both traditional and onchain lenders, notably featuring DeFi credit platform Morpho. This marks one of the first instances of onchain private credit being used for mergers and acquisitions. Propy, which is a licensed title firm, has already processed $4 billion in digital real estate transactions using AI. The company has also introduced Agent Avery, an AI-powered escrow agent that reduces workload by 40% and supports both traditional and crypto payments.