Wine is a liquid asset, in more ways than one. With demand primarily driven by investment over consumption, allocation to this luxury asset class is on the rise in particular, in Asia Pacific.
The emergence of innovative apps and developing technologies such as blockchain-enabled tokenisation, are supporting both the expansion and democratisation of this alternative investment opportunity.
The price of fine wine has increased by 43.5% in the past five years, according to a January 2023 report published by the London International Vintners Exchange Liv-ex, which tracks broad performance through the Fine Wine 1000 Index. The sector’s renewed allure is therefore unsurprising. But often,...
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