Clear space for disruoption by blockchain! San Francisco based startup building technology to tokenize ownership of illiquid assets has raised a $28m venture financing, led by Founders Fund with participation from Andreessen Horowitz and Pantera Capital.
Harbor today announced $28 million in new funding to reengineer private securities with blockchain technology and help usher in a new wave of tokenized securities backed by real-world assets, such as real estate, company equity, investment funds, and fine art. Leveraging its Regulated Token (R-Token) standard, Harbor will deliver the first platform for issuers of securities and licensed broker-dealers to bring fully compliant tokenized securities to market, beginning this Summer. The strategic funding round was led by Founders Fund with participation from new investors Andreessen Horowitz and Pantera Capital, as well as existing investors Craft Ventures, Vy Capital and Valor Equity Partners.