17-04-2018 13:51 via feedproxy.google.com

A16Z and Founders Fund sink $28M into IRL asset blockchain Harbor

Harborhelps businesses legally issue cryptocurrency tokens that represent ownership of real-world assets like real estate, fine art, company equity, and investment funds. This “tokenization” might sound boring, but it could be a big business that unlocks trading of illiquid property.
Harbor‘s intention to become a fundamental bridge between the offline and crypto economies has attracted a $28 million strategic round led by Founders Fund and joined by Andreessen Horowitz, Panter
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