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Tokenized single-malt scotch collection launches on Singapore exchange

Summary: Rare Cask Holdings has listed a tokenized rare whiskey collection on the Singapore-based Hg Exchange. The premium whiskey collection — “Casks of Distinction” — was tokenized on the Zilliqa blockchain based on its ZRC-2 token standard.  Only accredited investors will be able to own tokenized shares of the rare whiskey collection. Owners of the Casks ...

Rare Cask Holdings has listed a tokenized rare whiskey collection on the Singapore-based Hg Exchange. The premium whiskey collection — “Casks of Distinction” — was tokenized on the Zilliqa blockchain based on its ZRC-2 token standard.  Only accredited investors will be able to own tokenized shares of the rare whiskey collection. Owners of the Casks of Distinction tokens can trade the asset on the HGX platform or elect to receive physical deliveries of the actual bottle of whiskies based on the number of digital “coins” they hold.

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