José Maria da Fonseca Priced Initial Bottle Offering for Moscatel Superior 1911 at 1300 euros

by Oct 8, 2019News0 comments

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ALTI WINE Exchange is the world’s first open and transparent marketplace for retail clients, institutions and brokers to trade fine and rare wines, as tokens around the globe. ALTI’s business starts with the wine producers allocating part of their rare wine production through the release of so-called Initial Bottle Offerings (IBO) to the ALTI Wine Exchange.

The extremely rare Moscatel Superior 1911 IBO is very significant because more than rare, is UNIQUE.

Copies of the offering memorandum, may be obtained 13-8-2019 here 

José Maria da Fonseca priced the initial bottle offering for the Moscatel Superior 1911 at 1300 euros per bottle. Only 50 bottles are available at Alti Wine Exchange, because only 50 bottles of Moscatel 1911 are in existence.

“ALTI Wine Exchange makes investing in wine seamless, cost efficient and a well-informed process,  as buying and selling shares online”, commented Tom Dorsey, founder of ALTI Wine Exchange“.

Participants acquire the wine in a form of blockchain-based digital tokens (each token representing one specific bottle of wine) provided directly by the wine producer José Maria da Fonseca and stored in the secure and specialized Bordeaux City Bond. ALTI Wine Exchange provides buyers with the ability to both trade wine tokens freely on the ALTI platform and eventually redeem those tokens into actual wine, taking possession of the wine assets at the time of the wine investor’s choosing and simultaneously removing those from the ALTI exchange for offline trading or private consumption.

About José Maria da Fonseca: José Maria da Fonseca is the oldest table wine company in Portugal and Moscatel. Founded in 1834 it is now in its 7th generation. The company sells its wines in all continents. The wine region of Setubal is known for its famous Moscatel. The brand Moscatel of Setubal was created in 1849, from the local grape variety which is known by its fruity aroma and honey character.

About Alti Wine Exchange: Alti Wine Exchange is the trade name of ALTI Exchange Group, the blockchain powered marketplace company servicing alternative investment markets.

Alti Exchange Group, is Rethinking Wine Investment. ALTI Wine Exchange is the world’s first open and transparent marketplace for retail clients, institutions and brokers to trade fine and rare wines as tokens around the globe.

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