Singapore dangles digital whisky trade to lure Asia’s wealthy
January 19, 2021
Hg Exchange Newsworthy
Tags: Fundnel, Hg Exchange, Media Features, PhillipCapital, PrimePartners
Singapore is fast becoming a hotbed of activity for the trading of whisky assets, with private exchange Hg Exchange (HGX) the latest to get in on the action, announcing the launch of a blockchain-based service for buying and selling high-end bottles of the liquor.
With low interest rates prevailing around the world, huge sums of cash are chasing high returns, and some of the money is finding its way into precious whiskies.
Read on NIKKEI ASIA.
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