Wine Capital Fund Leverages Oasis Pro and Avalanche to Make Fine Wine an Investable Asset Class
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.
Tokenized fine wine fund shares are the latest in the growth of the tokenized ecosystem on Avalanche. Given Avalanche’s low transaction fees, security, sub-second transaction finality, and customizability, as well as Ava Labs’ institutional focus, a growing number of asset issuers and investors have been leveraging Avalanche to execute on their digital asset strategies.
By integrating real-world asset tokenization with the wine investment sector, Oasis Pro and WIVX Asset Management aim to unlock a unique opportunity for investors. 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.
Over the past ten years, fine wine prices have risen 149%, the second-highest return of any alternative investment after whiskey, and consistently rank as one of the best-performing alternative asset classes within the Knight Frank Luxury Investment Index.
The Wine Capital Fund is offered by Oasis Pro Markets, member FINRA/SIPC, enabling investors to subscribe to tokens representing Fund shares. This approach and investment vehicle combine the expertise of Wine Capital's team with Oasis Pro’s technology solution, while leveraging the scalability and speed of the Avalanche blockchain network.
This collaboration between industry stalwarts creates potential benefits for investors and issuers, including enhanced accessibility, transparency, and potential for liquidity.
The Fund has employed Vistra as the fund administrator and leveraged Tokeny’s ERC3643 token standard—one of the first standards tailored for compliant tokenization to earn ‘final’ approval from the Ethereum community.
"We are thrilled to partner with WIVX Asset Management, the Wine Capital Fund, and Avalanche to bring the potential benefits of blockchain technology to the world of fine wine investing," said Pat LaVecchia, Founder & CEO of Oasis Pro. "By tokenizing the Fund's interest on the Avalanche C-Chain using the ERC-3643 standard, we are seeking to democratize access to this unique asset class while introducing a new level of transparency and potential for liquidity among these private fund investments."
"Partnering with Oasis Pro and Avalanche allows us to offer investors a revolutionary way to invest in the fine wine market," said Tommy Nordam Jensen, Managing Partner of Wine Capital Fund. "By being the first wine fund to tokenize interest on Avalanche, we believe we are taking a significant leap forward in the world of alternative investments and are excited to be at the forefront of this transformation."
To learn more, please visit Oasis Pro.
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About Oasis Pro
Oasis Pro is a global fintech infrastructure provider for real-world assets and digital securities. Leveraging Wall Street and blockchain expertise, Oasis Pro provides an end-to-end solution guiding traditional financial institutions and sophisticated investors in the evolution of alternative asset investing. Oasis Pro's subsidiary, Oasis Pro Markets, is a FINRA member firm. It is a full-service investment bank that operates a multi-asset Alternative Trading System (ATS) to allow the trading of public and private multi-asset digital securities. Learn more at www.oasispromarkets.com. Securities are offered through Oasis Pro Markets, Member FINRA/SIPC.
About Wine Capital Fund
Wine Capital Investments LP is an investment company specializing in fine wine investing as an alternative asset. The Wine Capital Fund provides a distinctive investment opportunity to investors. The Fund intends to leverage the managers' knowledge in macroeconomics and data analysis while providing investors with a more accessible and diverse fine wine portfolio than they may be able to obtain individually.