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

Twitter icon  •  Published 2 years 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.

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Hassan Maishera Senior Reporter

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.

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