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Whisky investment fund manager Wave Financial Group partners with InvestaX

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Wave Financial Group (Wave), a regulated digital asset investment manager, is partnering with Singapore based digital securities firm InvestaX in conjunction with the Wave Kentucky Whiskey 2020 Digital Fund.

The potential capital growth, achieved before the bottling process when the whiskey is in barrel going through its fove year ageing process, is what underpins the fund’s investment thesis. Bourbon whisky historically has a different risk to reward profile compared to other whiskies, leading to earlier value appreciation. Gaining exposure to such a regulated real asset investment is exceptionally rare, but InvestaX will work with Wave to make more accredited investors aware of the opportunity and risks.

Benjamin Tsai, President Managing Partner at Wave, says: “As demand for our whiskey fund increases globally, we are delighted to be working with InvestaX to help attract a broader investor base that is interested in diversifying into alternative real assets. The potential returns from the whisky’s price appreciation during its ageing process is very compelling. We look forward to completing the fund raise for this year’s fund soon.”

Alice Chen, General Counsel and Co-Founder at InvestaX, says: “Wave’s team of experienced asset managers and unique tokenised whisky fund offering is what attracted us to work with them. We are very excited to be supporting them in the distribution of the tokenised whisky fund and future strategy for similar such real asset products.”

The fund is registered with the Monetary Authority of Singapore (MAS) and has received clearance to be marketed to accredited investors in Singapore. It is expected that investors will be able to exit their investment after year two should they wish to via tokenisation of the fund holdings, which will become tradable on a secondary market. Wave’s regulated whisky fund was launched earlier in 2020 and recently secured its first 1,000 barrels of premium Kentucky bourbon whiskey.

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