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If you find cryptocurrency too cryptic, you may want to brush up on your Bitcoin because blockchain technology has entered the real estate market.
According to New York-based The Real Deal, blockchain technology startup Harbor has raised $28 million in a new round of funding.
Harbor plans to create a blockchain-based platform that allows users to issue crypto-securities backed by real assets for the purchase of real estate.
A growing number of real estate investors are turning to real estate cryptocurrencies to fund their deals.
Now’s a good time for you to do your due diligence and see if this kind of investment makes sense for you.
For the full article, click HERE:
Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.
Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.