Liquid Mercury and dVIN Labs have announced a strategic partnership to create a global market for tokenized wine using blockchain technology.
Technological Partnership for Wine Tokenization
Liquid Mercury, a leading technology provider for digital asset marketplaces and crypto trading, has partnered with dVIN Labs to develop a platform for trading tokenized wine. The platform uses advanced crypto trading technology to aggregate regional markets, creating global liquidity.
Addressing Authenticity and Verification Challenges
dVIN Labs employs decentralized physical infrastructure networks and real-world asset tokenization to address authenticity and verification challenges in the wine industry. This approach will unify liquidity and turn investment-grade wine into a scalable asset class.
Industry Leaders' Perspectives
Leaders of both companies share their views on the prospects of the new market: "The $300 billion investment-grade wine market is ready to be exposed to new investors," stated David Garrett, co-founder and CEO of dVIN. Tony Saliba, CEO of Liquid Mercury, added: "We are thrilled to partner with dVIN to unlock wine as an investment and tradable asset to new investors."
The partnership between Liquid Mercury and dVIN Labs aims to create a more accessible and liquid market for tokenized wine using advanced blockchain technologies.
