WineFi Weekly

Hello and welcome to WineFi Weekly👋
📅 March 25th 2024

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Coterie Vaults - What It Means

As part of our collaboration with Coterie Holdings, we now have the ability to store wines at Coterie Vaults’ purpose built, state-of-the-art bonded storage facility.

• Temperature controlled to 12 degrees

• Humidity controlled to 65%

• 24hr monitored security system

• Air sealed construction

• Air-lock chamber for goods in/out

This gives ultimate certainty that our wine will maintain its quality following purchase.

WineFi and Splint

We are excited to announce our partnership with Splint. Splint is a fractional investment platform that allows users to invest in luxury assets from 50 euros.

Our first collection, focussed on an array of top champagnes, is scheduled to go live on the Splint platform very shortly - so stay tuned on our socials.

Splint and WineFi are fully aligned in our mission to offer investors seamless and cost-effective access to fine wine as an asset class. We are looking forward to working with the team at Splint to bring fine wine to a wider audience

WineFi and Wealt

We are also partnering with Wealt, a wealth management platform that allows investors to manage all of their bankable and non-bankable assets in one place. They plan on offering their users flexible access to traditional and alternative assets.

Denise Noyan, Wealt’s CEO said “The allure of fine wine as the leading passion asset reflects not only its potential for financial growth, but also its alignment with ESG principles, as investors seek sustainable and ethical opportunities amid evolving market trends.”

Click here for the full article

What’s happening in the wine world?

2021 Chateau d’Yquem release

The 2021 Chateau d’Yquem was released on the 21st March at £3,180 per 12×75cl case, the same as last year’s release price.

Yohan Castaing (Wine Advocate) awarded the wine 95 points, stating that ‘the 2021 d’Yquem exhibits a complex bouquet of rose, exotic fruits and mandarin orange mingled with spring flowers, rose and crème brûlée’.

Neal Martin (Vinous) awarded the wine 96 points, in his tasting notes he says the wine has a ‘more tensile finish than the 2020 or 2019. As such, I suspect that it will be comparatively approachable and, of course, delicious’

Opus One 2018 leads the trade numbers

In the past week the Opus One 2018, coming out of California has topped the figures of both trade value and volume in the fine wine secondary market.

This has helped the US increase its share of the market from 4.7% to 10.7% of total traded value.

The wine last traded at £2,888 per 12×75, up 4.6% from its release price of £2,760 per case.