Each of the asset-backed securities (ABS) digital token is linked to a parcel of 36 bottles of 16 wine labels, representing the finest wines of the 2020 Bordeaux EP vintage. This includes Lafite Rothschild, Haut Brion and Mouton Rothschild.
PhillipCapital has launched its first digital En Primeur wine-based token, providing an alternative investment opportunity in luxury wines.
The tokens will be traded on private securities exchange platform Alta — formerly known as Fundnel.
