Baxus Raises $5 Million to Revolutionize Alcohol Trading with Blockchain

Wednesday, 1 May 2024, 14:58

Baxus, a blockchain-powered alcohol beverage trading platform, recently secured $5 million in funding through a seed round. The investment, led by Multicoin Capital and with participation from Solana Ventures, FJ Labs, and Narwhal Ventures, aims to modernize the collectible spirits market by leveraging blockchain technology for ownership authentication and transactions.
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Baxus Raises $5 Million to Revolutionize Alcohol Trading with Blockchain

Baxus Raises $5 Million for Blockchain Alcohol Trading Platform

Baxus, an alcohol beverage trading platform that authenticates ownership and transactions with blockchain, announced it has raised $5 million in a seed round led by Multicoin Capital. Solana Ventures, FJ Labs and Narwhal Ventures also participated, the firm said.


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