BTC $66,273.00 (-2.14%)
ETH $1,939.66 (-2.74%)
XRP $1.42 (-4.35%)
BNB $603.78 (-2.40%)
SOL $81.29 (-4.35%)
TRX $0.28 (-1.26%)
DOGE $0.10 (-2.07%)
BCH $552.50 (-2.79%)
ADA $0.27 (-3.01%)
LEO $8.52 (-1.88%)
HYPE $28.76 (-3.23%)
CC $0.17 (+1.53%)
LINK $8.57 (-3.21%)
XMR $328.36 (-1.56%)
XLM $0.16 (-2.98%)
RAIN $0.01 (-3.54%)
ZEC $270.97 (-5.55%)
HBAR $0.10 (-2.10%)
LTC $53.16 (-1.87%)
AVAX $8.88 (-3.08%)
Back to News

Wine Capital Fund Taps Oasis Pro and Avalanche to Make Fine Wine an Investable Asset Class

Twitter icon  •  Published 1 year ago on May 17, 2024  •  Hassan Maishera

The Wine Capital Fund, a closed-end private investment fund specializing in fine wines sponsored by WIVX Asset Management, has been tokenized by Oasis Pro and listed on Oasis Pro Market’s SEC-registered ATS, through the Avalanche C-Chain.

Wine Capital Fund Taps Oasis Pro and Avalanche to Make Fine Wine an Investable Asset Class

The Avalanche Foundation announced via a blog post on Thursday that ‍The Wine Capital Fund, a closed-end private investment fund specializing in fine wines sponsored by WIVX Asset Management, has been tokenized by Oasis Pro and listed on Oasis Pro Market’s SEC-registered ATS, through the Avalanche C-Chain.

By tokenizing the fund interest of the Wine Capital Fund, investors can now more easily participate in the traditionally exclusive fine wine market, currently valued at $400+ billion. The Wine Capital Fund is offered by Oasis Pro Markets, member FINRA/SIPC, enabling investors to subscribe to tokens representing Fund shares, Avalanche Foundation added. 

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is up by 1% so far today and currently trades at $34.73 per coin.

Peter Thiel's Founders Fund Dumps ETHZilla Stake as Ether Treasury Companies Face Pressure
Next article Peter Thiel's Founders Fund Dumps ETHZilla Stake as Ether Treasury Companies Face Pressure

Author

Read Hassan Maishera's articles →
Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

Editorial Standards Corrections & Retractions Policy About
Follow us on Google News
BC.game Banner