##Why Wave Financial’s Kentucky Bourbon Blockchain Bonds May Be A Sober Investment

##Why Wave Financial’s Kentucky Bourbon Blockchain Bonds May Be A Sober Investment: Free Crypto Signals App -




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While many tokenization projects have proved to be little more than publicity stunts, digital asset manager Wave Financial’s tokenization of a whole year’s supply of Kentucky Bourbon (roughly four million bottles by Wave’s estimate) appears to be a well thought out project that is likely to add credibility to the emergent digital asset space.



Asset backed cryptocurrencies, where tokens are redeemable for an underlying asset, such as real estate or commodities, have become increasingly popular as they have filled the void that the demise of Initial Coin Offerings left.



Tokenization can offer benefits over today’s analog approach to debt and equity raising. Protocols, such as Ethereum and Tezos have provided the glue to connect together issuance platforms (such as Vertalo, Securitize and Securrency) with trading venues (such as TZero and Openfina

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