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Bergen County Bets Big on Blockchain: $240B in Real Estate Deeds Headed to Avalanche
Bergen County Bets Big on Blockchain: $240B in Real Estate Deeds Headed to Avalanche
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New Jersey’s Bergen County is making a high-stakes leap into Web3—tokenizing a jaw-dropping $240 billion worth of property deeds on Avalanche. Forget paper trails; this move could rewrite the rules of real estate liquidity.
Why it matters: When local governments start playing with blockchain, Wall Street’s middlemen start sweating. The county’s massive bet proves institutional adoption isn’t coming—it’s already here.
The cynical take: If this works, expect every municipal treasurer suddenly pretending they understood hash functions all along. If it fails? Well, at least the taxpayers foot the bill—not the VCs this time.
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