Spotlight Growth
No Result
View All Result
Thursday, March 23, 2023
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
No Result
View All Result
No Result
View All Result
Home Commodities

Wave Financial to Offer Tokenized Whiskey Fund

by admin
September 28, 2020
in Commodities, Cryptocurrency
0
Wave Financial Digital Whiskey Fund 2020

Wave Financial Digital Whiskey Fund 2020

In another sign of real-world cryptocurrency functionality, Wave Financial announced the first purchase for their Wave Kentucky Whiskey 2020 Digital Fund. Shortened to WKW20, the fund will allow users to profit from vintage aging whiskey. The first purchase consisted of 1,000 barrels, although larger sums are expected as the fund expands in scope. While the ideal maturation time syncs with the 5-year aging period of the whiskey, investors will be able to cash out earlier. To facilitate this option, the fund will be tokenized using blockchain technology.

Whiskey appreciates in value as it ages, with the flavor becoming more complex and smoother over time. Investing in barreled whiskey is not a new phenomenon – but economy of scale can be difficult to achieve for the average investor. Once bottled, the whiskey will cease aging. Although individual bottles of whiskey can appreciate in value due to lowered supplies, barrels are the preferred holding. At a going rate of over $10,000, they are not a feasible investment vehicle for the average person.

Tokenizing Assets

The concept of tokenizing assets came about early in the lifecycle of cryptocurrency. At first, it applied mostly to precious metals and other assets traded alongside stocks. Over time, as cryptocurrency gained wider appeal in traditional markets, larger asset classes saw increased tokenization. Tokenized real estate has reached critical mass, with options emerging for smaller scale investors to realize profit from a market that otherwise requires a large initial investment.

Source: Wave Financial
Source: Wave Financial

While digital currencies and smart contracts are a key component of the cryptocurrency industry, tokenized assets may be the easiest for traditional investors to understand. Splitting major investments into smaller, more manageable chunks does not require a high level of technical expertise. If tokenized assets can set themselves apart from the occasionally seedy underbelly of the cryptocurrency sector, they stand a high chance of success.

About Wave Financial

While the WKW20 Fund is their most unique product, Wave Financial offers several investment vehicles beyond whiskey. Their Select 20 index fund features the top 20 cryptocurrencies by market cap – while excluding USD pegged coins and privacy coins. They exclude these coins to maintain regulatory compliance.

Additionally, they offer a BTC-focused yield fund that creates call options, where-in the premium passes through to investors via dividend. Through this process, they hope to mitigate the risk of pure BTC holding.

Article By: Adam Stone

Tags: acquisitionalcoholBitcoinblockchaincoinmarketcapcommoditiescryptocrypto fundscrypto investorscrypto tradersCryptocurrencycryptonewsdigital currencyemerging growthEthereumindex fundinvestinginvestmentinvestment fundsprivate fundsalesservicesSpotlight GrowthSpotlight Growth Stockstechnology stockstokenizetraderstradingWave FinancialWave Kentucky Whiskey 2020 Digital Fundwhiskeywhisky
  • Trending
  • Comments
  • Latest
Asure Software NASDAQ ASUR Human Capital Management HCM Industry Spotlight Growth

Asure Software (NASDAQ: ASUR) is Expanding to Meet the Rising Demand for Human Capital Management Software

September 27, 2022
OLB Group NASDAQ OLB Cuentas NASDAQ CUEN Partnership Fintech Spotlight Growth

OLB Group (NASDAQ: OLB) and Cuentas (NASDAQ: CUEN) Team Up to Bring Fintech Solutions to Over 32,000 Bodegas Across the United States

October 6, 2022
Siyata Mobile NASDAQ SYTA SYTAW SD7 VK7 Purchase Orders Spotlight Growth

New Purchase Orders for SD7 Rugged Device, VK7, and Other Accessories Boost Siyata Mobile’s Outlook (NASDAQ: SYTA)

December 14, 2021
Telcoin TEL Crypto Spotlight Growth

Telcoin (TEL) Quietly Leads a Crypto Remittance Revolution

June 15, 2021
Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

0
Safe-T SFET NASDAQ UN Presentation

Safe-T (NASDAQ: SFET) Has Been Selected to Present at the United Nations’ Office of Information and Communications Technology Event

0
Safe-T Group SFET Q4 FY 2020 Financial Results

Safe-T Group (NASDAQ: SFET) Reports Fourth Quarter and Full Year 2020 Financial Results

0
Safe-T Group NASDAQ SFET FY 2020 Prelim

Safe-T Group Ltd. (NASDAQ: SFET) Estimates Record-High Annual Revenues of Approximately $4.9 Million Representing ~50% Growth YoY 2020

0
JanOne NASDAQ JAN Sells ARCA Recycling Business Focus on Biopharma Spotlight Growth

JanOne (NASDAQ: JAN) Sells ARCA Recycling Business to VM7, Will Focus on Budding Biopharmaceuticals Business

March 22, 2023
89bio NASDAQ ETNB Phase 2b ENLIVEN Trial Pegozafermin NASH Spotlight Growth

89bio (NASDAQ: ETNB) Reports Phase 2b ENLIVEN Trial of Pegozafermin Achieved Primary Endpoints For Treatment of Nonalcoholic Steatohepatitis (NASH)

March 22, 2023
U.S. Xpress NYSE USX Knight-Swift Transportation NYSE KNX Acquisition Spotlight Growth

U.S. Xpress Enterprises (NYSE: USX) Enters Into Acquisition Agreement With Knight-Swift Transportation (NYSE: KNX) Valued at $808 Million

March 21, 2023
Axon Enterprise Logo

Axon Enterprise (NASDAQ: AXON) Maintains its Market Dominance with Strong Growth

March 20, 2023

Recent News

JanOne NASDAQ JAN Sells ARCA Recycling Business Focus on Biopharma Spotlight Growth

JanOne (NASDAQ: JAN) Sells ARCA Recycling Business to VM7, Will Focus on Budding Biopharmaceuticals Business

March 22, 2023
89bio NASDAQ ETNB Phase 2b ENLIVEN Trial Pegozafermin NASH Spotlight Growth

89bio (NASDAQ: ETNB) Reports Phase 2b ENLIVEN Trial of Pegozafermin Achieved Primary Endpoints For Treatment of Nonalcoholic Steatohepatitis (NASH)

March 22, 2023

Categories

  • Bio/Med/Pharma
  • Cannabis
  • Commodities
  • Consumer Goods
  • Crowdfunding
  • Crypto Cheat Sheets
  • Cryptocurrency
  • Earnings
  • Education
  • Entertainment
  • Financials
  • Market News
  • Opinion
  • Politics
  • Real Estate
  • Split Watch
  • Sponsored
  • Store
  • Technology
  • Uncategorized
  • Venture Capital/Private Equity (VC/PE)

Site Navigation

  • Disclosures
  • Terms Of Service
  • Privacy Policy
  • Contact Us

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

No Result
View All Result
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

Newsletter Signup

Subscribe to our weekly newsletter below and never miss the latest small/micro-cap analysis and investment news from Spotlight Growth.

Enter your email address

Thanks, I’m not interested