Did you know there’s an alternative investment that you can actually taste? Well, that’s the case of fine wine investments. PhillipCapital has recently announced that it has issued the company’s first Digital En Primeur Wine-Based Token, providing an attractive alternative investment opportunity to cater to the needs of modern-day investors. To find out more about these wine tokens, finance producer Hongbin Jeong speaks to Luke Lim, Managing Director of Phillip Securities and Willie Chang, Chief Operating Officer at Alta.
Highlights:
01:00 - What is the Digital En Primeur Wine-Based Token?
01:43 - Is there a big market for those who want to invest in fine wine?
03:36 - How can investors invest in these fine wines?
04:17 - Why do fine wines make interesting investment assets?
07:19 - Expectations for wine investments for the year ahead