January brought top-end Scotch whisky to the digital world, with the commencement of trading of “southeast Asia’s first digital, whisky-based ABS”.
There are five tokens, all linked to a specific cask of whisky sitting in Scotland.
The group behind this is PrimePartners Corporate Finance, a Singapore financial services group, through a subsidiary called Rare Cask Holdings. The tokens are traded on Hg Exchange, which is a private member-driven securities exchange backed by PhillipCapital, crowdfunding platform Fundnel, blockchain Zilliqa and PrimePartners itself.
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