HCS Whisky Fund Token

Overview

"We established of the first tokenized whisky fund in Asia. The Fund invests in illiquid assets-a barrel of whisky. (i) a lengthy Fund term to ensure that the Manager has sufficient time for the acquisition, appreciation in value and disposal of investments, and (ii) a closed-end structure, meaning investors do not have the right to redeem or withdraw their interest from the Fund. The Fund has been established as the first segregated portfolio under a segregated portfolio company (SPC) domiciled in the Cayman Islands, which provides certain time and cost efficiencies. To attract a broader base of investors, the Manager engaged a technology platform to tokenize 100% of the equity interests in the Fund, which will enable secondary market liquidity."