Tag: Josh Stein

BitGo Acquires Security Token Platform Harbor in Industry First
Blockchain

BitGo Acquires Security Token Platform Harbor in Industry First

On February 18th, 2020, digital asset custodian BitGo acquired Harbor, a securities tokenization platform. Through the acquisition, BitGo will extend beyond custodial services and break into the “issuing, trading, and transferring” of security tokens. The deal is set to make BitGo the world’s first company with broker-dealer, transfer agent, and qualified custodian licenses. BitGo Acquires…

Harbor Becomes First Blockchain Company with Transfer Agent and Broker-Dealer Licenses
Blockchain

Harbor Becomes First Blockchain Company with Transfer Agent and Broker-Dealer Licenses

On October 31st 2019, Harbor announced its receipt of a transfer agent license from the U.S. Securities and Exchange Commission (SEC). The license will enable Harbor to maintain records of stock ownership and dividends paid out to investors. Harbor’s Transfer Agent License Explained Harbor is continuing its development in becoming a one-stop-shop for the compliant…

Harbor Receives Broker-Dealer License from FINRA
Blockchain

Harbor Receives Broker-Dealer License from FINRA

As of September 27th 2019, Harbor Square Investments— a subsidiary of security token platform Harbor— is a licensed broker-dealer. The license was granted by the Financial Industry Regulatory Authority (FINRA), a body which has taken its time in processing roughly 40 applications from firms in the digital asset space. How Security Token Platform Harbor is…

Harbor Cancels Tokenized REIT of University Dorm ‘The Hub at Columbia’
Blockchain, Business

Harbor Cancels Tokenized REIT of University Dorm ‘The Hub at Columbia’

As of April 11th 2019, Harbor’s $20 million tokenization of a REIT involving ‘The Hub at Columbia’ has officially been called off. According to a Harbor spokesman, the underlying cause was a dispute with the project’s existing mortgage lender. Harbor’s Cancellation of Tokenized REIT Involving ‘The Hub at Columbia’ Explained Harbor CEO Josh Stein announced…

Harbor Platform Releases Update 2.0 with New Features Based on Prospective Client Talks
Blockchain, Technology

Harbor Platform Releases Update 2.0 with New Features Based on Prospective Client Talks

As of February 6th 2019, Harbor has upgraded its platform to v2.0. Harbor CEO Josh Stein says the new features were a result of interaction with prospective Harbor clients. V2.0 was especially designed to help startups wishing to raise private capital and sports franchises wishing to tokenize ownership. Harbor Platform 2.0 Explained Harbor’s latest update—…

Harbor Launches Securities Tokenization Platform, First REIT Tokenized
Blockchain, Business

Harbor Launches Securities Tokenization Platform, First REIT Tokenized

Harbor’s highly anticipated securities tokenization platform has officially launched. As an institutional-grade end-to-end service, the new platform was designed to bring institutional investors into the security token industry. With the platform already tokenizing a $20 million REIT, it appears to be well on its way in living up to such expectations. Harbor’s end-to-end platform was…

Luxury US Real Estate Tokenized on Ethereum in $20 Million Offering
Blockchain, Business, STOs

Luxury US Real Estate Tokenized on Ethereum in $20 Million Offering

As of November 27th 2018, Harbor has teamed up with Convexity Properties to tokenize the ownership of a luxury property located in South Carolina. The offering, available to US-based accredited investors, aims to raise $20 million through the revolutionary benefits offered through tokenization. Real-world implementation of blockchain technology has struck once again in the security…

Harbor CEO: Professional Sports Teams ‘Interested’ in Tokenization
Blockchain, Tokenization 101

Harbor CEO: Professional Sports Teams ‘Interested’ in Tokenization

Harbor CEO Josh Stein recently provided an in-depth analysis on the many benefits offered not just by Harbor, but by the collective tokenization of securities. As explained below, Stein introduced the concept of unbundling an asset through tokenization, and subsequently re-bundling the asset with additional benefits. He also added that several sports teams have expressed…

Harbor Partners with BitGo to Provide Secure Custody of Funds
Blockchain, Business

Harbor Partners with BitGo to Provide Secure Custody of Funds

In a recent announcement dated October 31st, Harbor has partnered with BitGo to offer industrial-grade security of cryptocurrency funds raised through the Harbor platform. The partnership also benefits investors, as Harbor’s services will now entail BitGo Business Wallets. How BitGo’s Expertise will Strengthen Harbor BitGo is known as a world leader when it comes to…

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