The SEC issues Transfer Agent License to security token platform Harbor – Cryptocurrency…

Harbor, a digital platform for alternative assets, has secured itself the transfer agent license from the US Securities and Exchange Commission. Joshua Stein, the firm CEO, acknowledged the achievement and unveiled that his blockchain-enabled security token platform has now become the first blockchain company to receive both, a transfer agent license and a broker-dealer license.

The granted permit will allow Harbor to manage monetary documents of security token ownership, trace account balances, and give returns as it simultaneously interests blockchain firms looking out to conduct Regulation A+ offerings. Stein stated that both the two permits, transfer agent and broker-deal will be mutually supportive and will enhance the firm to carry out the full life series of security token issuance together with the regulated trading.

“Think of the entire life cycle of this; there is selling the investors into the investment, maintaining the investment while they are in, and controlling…