Rare Whisky mulls auction hub for market-beating spirits investments as Hong Kong buyers drive regional sales

Rare Whisky Holdings, a Hong Kong-based investment group that focuses on rare and exclusive bottles and cask investment, is considering setting up an auction hub in Asia to help owners resell their collections on the blockchain ledger. The hub could be based in Hong Kong, Singapore, China or Taiwan, co-founder Rickesh Kishnani said. While the pandemic has provided the impetus for more businesses to trade online, an auction hub could also “promote opportunities for consumers in Asia to get access to whisky investment.” By locating in Asia, on-the-ground works related to authentication, storage and shipment can be closer to the…