Blockchain investment platform features the Hub at Columbia.

• Position: Harbor - Convexity Properties - Brief article

Tokenized investment company Harbor has launched a blockchain-based platform with the Hub at Columbia REIT as its first offering.

Owned by DRW company Convexity Properties, the 260-unit Hub at Columbia provides high-rise housing for University of South Carolina students located in downtown Columbia. Equity is divided into 955 shares priced at $21,000 each, according to a news release.

"We are excited to partner with Convexity Properties to introduce a more accessible and liquid form of commercial real estate investment through the Harbor platform," Harbor CEO Josh Stein said in the release. "Harbor is transforming private investments by making it easier and more cost-effective for issuers and broker-dealers to syndicate more widely, raising capital from a potentially broader and more global investor pool."

Blockchain technology provides access to private investments such as commercial real estate and investment funds at lower minimums with more liquidity than such investments normally offer, according to Harbor. The company creates...