RATE Group | Harbor Launches its First Securities Offering With Sale of $20 Million USC (Carolina) Do…
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Harbor Launches its First Securities Offering With Sale of $20 Million USC (Carolina) Do…

28 Nov Harbor Launches its First Securities Offering With Sale of $20 Million USC (Carolina) Do…

Posted at 13:05h in Ethereum News by

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With the SEC earlier this month declaring their stance on ICOs and that some can be categorized as Securities Offering, a firm by the name of Harbor has launched a platform to tokenize private securities. The firm announced their first private sale via medium and it will be of a dormitory facility at the University of South Carolina.

The announcement came just yesterday, November 27th, and the team let the investment community know that they were compliant with existing securities laws. The housing facility for students at the center of the new securities offering is known as The Hub at Columbia. The sale is in conjunction with Convexity Properties: a DRW Company.

The total investment opportunity is valued at $20 Million with each token is going for a cool $21,000. A total of 955 shares/tokens will be up for sale.

CEO of Harbor, Josh Stein, summarized his vision for Harbor in the following statement:

We are excited to partner with Convexity Properties to introduce a more…

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