Baxus Revolutionizes the Spirits Market

May 7, 2024, 9:32 am
BAXUS
BAXUS
InvestmentShopSpiritsWine
Total raised: $5M
Baxus, a NYC-based global marketplace for collectible spirits, recently secured $5 million in seed funding to scale their innovative sensor and vaulting technologies. Led by CEO Tzvi Wiesel, Baxus aims to bring transparency and liquidity to the traditionally opaque and illiquid collectible spirits market. Leveraging blockchain technology and Solana infrastructure, Baxus allows collectors to securely trade and store their prized bottles, turning them into non-fungible tokens (NFTs) for easy trading and authentication. With the recent acquisition of BoozApp, Baxus is set to provide collectors with unprecedented visibility and valuation tools for their collections. The company's mission is to modernize and democratize the spirits market, making collecting and trading as easy as a trip to the liquor store or a swap on the blockchain. With the backing of Multicoin Capital and other high-profile investors, Baxus is poised to revolutionize the spirits industry and create a new, liquid market for collectors worldwide.