NEW YORK, NEW YORK, UNITED STATES, May 16, 2024 – Oasis Pro, a global fintech infrastructure provider for real-world assets and digital securities, is proud to announce the tokenization of the Wine Capital Fund, a closed-end private fund focused on fine wine investments, sponsored by WIVX Asset Management. The fund is tokenized on the Avalanche C-Chain, utilizing the ERC-3643 standard.
This groundbreaking partnership marks a significant step in the evolution of private fund interest investing. By integrating real-world asset tokenization with the wine investment sector, Oasis Pro, Avalanche, and WIVX Asset Management aim to unlock a unique opportunity for a wider range of investors to participate in the traditionally exclusive fine wine market by tokenizing fund interest of the Wine Capital Fund.
The Wine Capital Fund team–with their experience in macroeconomics, data analysis, and the fine wine market–has selected Oasis Pro and Avalanche to leverage their proficiency in blockchain technology and asset tokenization. This collaboration will allow investors to hold tokens representing shares in the Fund itself.
"We are thrilled to partner with WIVX Asset Management, the Wine Capital Fund, and Avalanche to bring the potential benefits of blockchain technology to the world of fine wine investing," said Pat LaVecchia, Founder & CEO of Oasis Pro. "By tokenizing the Fund's interest on the Avalanche C-Chain using the ERC-3643 standard, we are seeking to democratize access to this unique asset class while introducing a new level of liquidity and transparency to private fund investments."
The Wine Capital Fund is offered by Oasis Pro Markets, member FINRA/SIPC, enabling investors to subscribe to tokens representing their shares in the Fund. This approach and investment vehicle combines the expertise of Wine Capital's team with that of Oasis Pro’s team and the scalability and speed of the Avalanche blockchain.
"Partnering with Oasis Pro and Avalanche allows us to offer investors a revolutionary way to invest in the fine wine market," said Tommy Nordam Jensen, Managing Partner of Wine Capital Fund. "By being the first wine fund to tokenize interest on Avalanche, we believe we are taking a significant leap forward in the world of alternative investments and are excited to be at the forefront of this transformation."
For more information about the tokenized Wine Capital Fund and the partnership between Oasis Pro, WIVX Asset Management, and Avalanche, please visit www.oasispromarkets.com.
About Wine Capital Fund
Wine Capital Investments LP is an investment company specializing in fine wine investing as an alternative asset. The Wine Capital Fund provides a distinctive investment opportunity to investors. The Fund intends to leverage the managers' knowledge in macroeconomics and data analysis while providing investors with a more accessible and diverse fine wine portfolio than they may be able to obtain individually.
About Avalanche
Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs.
About Oasis Pro
Oasis Pro is a global fintech infrastructure provider for real-world assets and digital securities. Leveraging Wall Street and blockchain expertise, Oasis Pro provides an end-to-end solution guiding traditional financial institutions and sophisticated investors in the evolution of alternative asset investing. Oasis Pro's subsidiary, Oasis Pro Markets, is a FINRA member firm. It is a full-service investment bank that operates a multi-asset Alternative Trading System (ATS) to allow the trading of public and private multi-asset digital securities. Learn more at www.oasispromarkets.com. Securities are offered through Oasis Pro Markets, Member FINRA/SIPC.
Disclaimer: This press release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security or investment strategy. Investors should carefully review all risk factors, conflicts, expenses, etc. disclosed by the private placement memorandum. Investments into cryptocurrencies and/or digital assets are subject to material and high risk including the risk of total loss. An investment into cryptocurrencies and/or digital assets may become illiquid depending on the trading platform or investment product used for the specific investment. Investment in this Fund involves risk, including the possible loss of the principal amount invested. Securities offered by Oasis Pro Markets, LLC, member of FINRA / SIPC,
Contact:
Robert Yostpille
Head of Business Management
bob@oasispromarkets.com
