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Ex-PayPal executive David Sacks explains how his new company will change crypto trading
for Harbor, a new blockchain technology company that just raised $1million from an interesting group of investors, including Chicago-based Valor Equity Partners; the real estate tech-focused venture firm Fifth Wall Ventures; the Dubai venture firm Vy Capital; and Craft Ventures, a new venture fund created by serial entrepreneur David Sacks — who also helped incubate Harbor .
Harbor — a decentralized compliance protocol designed to standardize the way crypto securities are issued and traded on the blockchain that launched Tuesday with a $10 million Series A round. What problem is Harbor solving?
Harbor solves compliance for asset tokenization