• 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

    5 monthes ago - By Business Insider

    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...
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