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PrimePartners launches digital whisky-based security

It is believed to be the first offering of its kind in South-east Asia, and is open to accredited investors

Singapore

INVESTING in whisky may sound esoteric, but a new asset-backed security (ABS) sets out to make this alternative investment more accessible.

PrimePartners has launched a digital ABS linked to exclusive casks of single malt Scotch whisky, selected as "Casks of Distinction" (COD) by Diageo.

COD is a programme where Diageo releases single malt Scotch whiskies which are deemed to be unique and rare. Diageo is the world's largest alcoholic beverage company; its stable of brands includes Johnnie...

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