Bergen County to Tokenize $240B Deeds on Avalanche

• Bergen County will digitize over 370,000 property deeds using Avalanche to improve speed, access, and transparency.
• The $240B tokenization project aims to cut red tape and bring blockchain efficiency to local government records.

Bergen County in New Jersey has just made a breakthrough. The area with almost one million residents will move more than 370,000 property deeds worth $240 billion into a blockchain-based digital system.

Through this project, all data will be tokenized on the Avalanche network, which has recently been increasingly eyed for serious matters like this. Not only to speed up legal matters, but also to protect documents from the risk of manipulation or loss.

This five-year collaboration was carried out with blockchain software company Balcony. They are responsible for moving piles of paper records from 70 cities in Bergen County into an immutable digital format. Through the Avalanche-based system, all data can be searched quickly and audited easily.

If previously the process of searching for documents could take days, now it is just a click and it is finished in seconds. According to an official statement, this system can reduce processing time by up to 90%.

Was honored to be present for the very exciting news that @BergenClerk and Bergen County Clerk has signed an agreement with @balconytech to tokenize $240B in Real Estate on Avalanche. https://t.co/0BwXu1ECbk pic.twitter.com/DeDB8QjmJY

— Luigi D'Onorio DeMeo (@luigidemeo) May 28, 2025

The Avalanche Ecosystem Keeps Expanding in 2025

However, Bergen County is not the only one who is starting to seriously use Avalanche. Also in May 2025, we previously reported that FIFA would build its entire official blockchain infrastructure on the same network.

This move was made in order to develop Web3 applications for a more transparent and open world of football. With Avalanche, they can create a faster and more efficient digital service system—such as ticket registration, digital merchandise, and even fan voting.

On the other hand, large asset managers such as VanEck have also started to get involved. On May 21, they announced plans to launch the “PurposeBuilt Fund,” a digital investment fund that will inject capital into Avalanche-based Web3 projects.

The focus is on the gaming, financial services, payments, and artificial intelligence sectors. Idle funds that are not used directly will be channeled into Avalanche’s RWA products, including tokenized money market funds.

Furthermore, the Avalanche network is getting stronger after CNF reported that they are now partnering with Filecoin to store off-chain data into on-chain smart contracts. This means that developers can keep application performance light without losing data integrity.

For a large project like Bergen County, this collaboration is certainly a breath of fresh air, because the large data load is no longer a problem.

Meanwhile, as of press time, AVAX is trading at about $21.81, down 8.17% over the last 24 hours and corrected 13.94% over the last 7 days.

Modernization Followed by Many Other Regions

Interestingly, Bergen is not the only one that has utilized Balcony’s technology. Several other regions in New Jersey such as Camden, Orange, and Cliffside Park have also started to switch to a similar system. In Orange, this digital system has even managed to find almost $1 million in city revenue that was previously unrecorded due to messy traditional data.

Of course, for ordinary citizens, all of this may sound like boring back office work. But just imagine: You sell a house, need a deed, and just open your laptop. No need to queue, no need to go back and forth to the civil registry office.