Harbor
Partners with Real Estate Investment Firm to Tokenize Over $100 Million in
Assets
Harbor announced Monday that
iCap Equity—a real estate investment firm that provides capital to small to
medium-sized builders and developers—is leveraging its Ethereum
blockchain-enabled alternative assets platform to enhance the liquidity for
four real estate funds managing a combined total of more than $100 million in
assets.
“Through a new private
marketplace, iCap Equity’s more than 1,100 investors and 17 placement agents
can compliantly buy and sell iCap securities with one another,” Harbor—which
is backed by the likes of Andreessen Horowitz and Pantera Capital—explained
in a blog post.
The announcement comes at a
time when Harbor is looking to pivot from directly selling security tokens on
behalf of its clients, to providing the infrastructure necessary for clients
to issue their own tokens.
