AVALANCHE TO POWER LARGEST REAL ESTATE TOKENIZATION PROJECT IN U.S. HISTORY
- Bergen County, New Jersey’s most populous county, plans to digitize its property records by tokenizing $240 billion worth of real estate deeds.
- The county signed a five-year deal with blockchain firm Balcony to digitize 370,000 property deeds on the @Avax blockchain. This marks the largest blockchain-based deed tokenization project in U.S. history.
- Located just across the Hudson River from New York City, Bergen County generates roughly $500 million in annual property tax revenue.
- The new system will make property records immutable, easily searchable, and accessible across its 70 municipalities.
- Balcony’s platform claims to reduce deed processing time by 90%, while minimizing fraud, disputes, and errors.
- In Orange County, New Jersey, Balcony reportedly uncovered nearly $1M in lost revenue from outdated records.
Tokenization Gaining Traction:
- A Boston Consulting Group and Ripple report projects the tokenized asset market could reach $18.9 trillion by 2033, with real estate as a key sector.
- Dubai recently launched a similar platform on the XRP Ledger to handle $16 billion worth of transactions.
- Backed by Avalanche-focused venture fund Blizzard, the recent project promises a tamper-proof, searchable chain of title for all Bergen County properties.
"[Avalanche's] infrastructure is built to handle large amounts of data quickly and securely, which is exactly what’s needed to modernize how property records are managed and transform how public institutions operate," Luigi D’Onorio DeMeo of Ava Labs stated.
- Balcony is expanding in New Jersey, working with other counties like Camden, Orange, and Cliffside Park.
- The total tokenized deeds in New Jersey now approach 460,000, signaling a move toward blockchain-based public record management.
ETH Surges 3.47% as Institutional Inflows and Meta Stablecoin News Drive Bullish Momentum
Ethereum (ETH) is currently trading at $2,732.41 on Binance, reflecting a 3.47% increase over the past 24 hours with strong trading volume and continued market liquidity. The recent price rise is primarily attributed to significant institutional activity, including large ETH purchases by major investors such as BlackRock, Fidelity, and VanEck, as well as robust net inflows into Ethereum spot ETFs. Additional positive momentum has been driven by Meta’s announcement of stablecoins launching on the Ethereum blockchain, which is expected to boost adoption and network usage. Increased whale accumulation and ongoing bullish sentiment among investors have further supported the upward price movement observed in the last day.
SOPH Soars 111% After Binance Listing, Earn Launch, and 20M Token Market Making Boost
Sophon (SOPH) is currently trading at $0.06356 on Binance, with a 24-hour price increase of 111.87% and significant trading volume, reflecting heightened market activity. The sharp price movement in the past 24 hours is directly linked to several major events: the listing of SOPH on Binance and MEXC, the launch of SOPH Earn products, airdrops distributed to users, and a 20 million SOPH allocation to DWF Labs for market making. These developments have expanded accessibility, increased liquidity, and attracted new participants, resulting in a substantial surge in trading volume and price.
CEO của Bitwise, ông Hunter Horsley, cho biết rằng năm 2025 đánh dấu một chương mới khi các quy định tại Mỹ thay đổi, mở ra cơ hội cho nhà đầu tư truyền thống và các công ty quản lý tài sản tiếp cận Bitcoin lần đầu tiên.
Ông nhấn mạnh rằng các công ty quản lý tài sản tại Mỹ đang quản lý 30 đến 60 nghìn tỷ USD, và chỉ cần họ phân bổ 1% vào Bitcoin cho khách hàng của mình, thì dòng tiền đổ vào thị trường sẽ lên đến hàng trăm tỷ USD. Bitwise đang tổ chức hàng ngàn cuộc gặp với các nhà đầu tư để giúp họ hiểu và tham gia vào cơ hội này, và công ty chưa bao giờ cảm thấy lạc quan như hiện tại.
$FIS /USDT JUST REGAINED MOMENTUM – TARGETING $0.20+ NEXT!
$FIS is climbing again, currently trading at $0.1797, up +11.96%, after rebounding sharply from the $0.1561 low. This fresh burst of bullish activity has pushed it close to the 24h high of $0.1806, and the trend still looks strong.
Long Trade Setup:
Entry Zone: $0.1750 – $0.1790
Final Target (TP): $0.2000+
Stop Loss: Below $0.1680
Momentum is building, and bulls are clearly stepping in. If volume holds steady and price sustains above $0.1770, a breakout toward $0.20+ looks highly probable.
Buy and Trade here on $FIS
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