Investment management firm Wave Financial has purchased 1,000 barrels of Kentucky whiskey it plans to tokenize for prospective investors.
Charles Hoskinson, IOHK's CEO, will become an adviser to Wave Financial as part of the deal.
The cFund will invest anywhere between $250,000 and $500,000 into startups and small businesses using Cardano or IOHK tech initiatives.
Like fine wine, whiskey increases in value as it ages. Now investors can buy a piece of the growing U.S. thirst for bourbon.