Home » General World News » An Andreessen Horowitz-backed company is launching a new way for investors to own a piece of a luxury dorm in South Carolina through digital token sales

An Andreessen Horowitz-backed company is launching a new way for investors to own a piece of a luxury dorm in South Carolina through digital token sales





Josh Stein, Harbor CEO Co Founder

  • A new company backed by investors including Andreessen Horowitz on Tuesday launched a token sale for a luxury student-housing complex near the University of South Carolina.
  • The company, called Harbor, is using blockchain technology to reduce friction for investing in real estate.
  • Several notable investors — including Michael Novogratz, the founder and CEO of the crypto investment firm Galaxy Digital Capital Management — have tapped into the idea of tokenizing traditional assets.

Investing in real estate can be lucrative, but it also involves a great deal of tedious work, from finding an appraiser to preparing mountains of paperwork. Now, a new company called read more >>>

Source:: BusinessInsider.Com

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