Blockchain Startup Backed By Billionaire Bitcoin Bull Peter Thiel Gets $28 Million Investment

Harbor, a blockchain startup backed by billionaire bitcoin bull Peter Thiel, has received an additional $28 million investment that it hopes will make blockchain real-estate investing a reality.

This latest cash infusion was led by Thiel’s Founders Fund, venture-capital fund Andreessen Horowitz, and cryptocurrency investment firms Pantera Capital and Craft Ventures. The San Francisco-based Harbor secured $10 million in Series A financing in February 2018, raising its total investments to $40 million.

Harbor plans to launch a blockchain-based platform that will enable users to transform hard-to-trade assets such as real estate, investment funds, and expensive art into liquid, tokenized cryptocurrency securities that are compliant with U.S. securities laws.

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Source: https://btcmanager.com/blockchain-startup-backed-by-billionaire-bitcoin-bull-peter-thiel-gets-28-million-investment/

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