Wave Financial to Tokenize $20M Worth of Bourbon for New Whiskey Fund

From coindesk.com

Digital asset manager Wave Financial is tokenizing a whole year's production of Kentucky bourbon so global investors can gain exposure to the growing U.S. whiskey market. Wave announced Wednesday that it had finalized an agreement with the Kentucky-based Wilderness Trail Distillery to tokenize between 10,000 and 20,000 barrels of bourbon whiskey, worth up to $20 million, that will be made publicly available through a specialized digital asset fund. Known as the Wave Kentucky Whiskey 2020 Digital Fund, investors will be able to purchase asset-backed tokens linked to an inventory of whiskey barreled this year. Stored ... (full story)