Bowmore Tokenizes Whisky on Avalanche at $5,500 — Niche Collectible, Limited Liquidity Likely
I believe Bowmore will issue a tokenized whisky on the Avalanche chain, with each token priced at $5,500. This appears to be a fractionalized collectible tied to physical whisky (a bottle or cask) and issued on AVAX.
It’s an interesting use of tokenization but comes with clear risks around provenance, custody, secondary-market liquidity, smart-contract security and regulation. I’d approach with caution and verify redemption and custody mechanics before investing.
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