Cask Capital

Cask-aged assets, on-chain. Tokenized, secure & tradable. Powered by @hedera and $HBAR | TG:

[Cask Capital @CaskCapital]

9 months of building. Today our proprietary #RWA marketplace is live.

https://t.co/ztxiP55tPJ — tokenized cask-aged assets on @hedera. Fractionalized. Transparent pricing. On-chain custody. Storage included. solana:EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v enabled.

Six casks at launch. Three still open.

[Cask Capital @CaskCapital]

Thank you once again @TateOnChain for hosting us in the show. Much has changed, but we never stop building!

Excited for people to hear what's coming at Cask Capital.

$HBAR

[Generation Infinity @Genfinity]

⚡️ Spirits. Comics. Cards. Shining a Spotlight on Hedera Builders Shipping Real Utility.

• Own a barrel. 8-12% average growth
• Publish a comic. Earn royalties forever
• Build a deck. Play free. Own it onchain

Ownership. Royalties. Gameplay. All on Hedera.

@CaskCapital | @Quivacomics | @FuturityGalaxy

Podcast powered by @Hashpack

[Cask Capital @CaskCapital]

Aged Caribbean rum trades at a structural discount to
equivalent-age Scotch.

A 25-year Trinidad rum retails around €400. A 25-year
Speyside Scotch routinely sells for multiples of that.

Same age. Both #RWA. Same maturation depth. Different category attention.

That gap is the part of the spirits market worth
watching.

[Cask Capital @CaskCapital]

ERC-721 cask custody = smart contract layer.

HTS cask custody = on the token itself.

One carries contract code to audit, gas exposure, and bridge risk. The other doesn't. Fractional positions, compliance controls, KYC gating: native to HTS, not added on.

#Hedera

[Cask Capital @CaskCapital]

@hedera @money2020 Any meet ups organized by Hedera? Cask Capital would love to attend. We still have some $HBAR wine available!

[Cask Capital @CaskCapital]

Three casks filled the same day, same distillery: a bourbon hogshead (250L), a refill puncheon (500L), a first-fill sherry butt (500L).

In ten years: different taste, different value curves, different exit windows. Cask type is asset class.

[Cask Capital @CaskCapital]

Same distillery. Same fill year. One hogshead ex-bourbon, one ex-sherry butt. Ten years on: ex-bourbon pours pale gold. Vanilla, coconut, something bright. Ex-sherry: deep amber, dried fruit, walnuts, a richness you feel rather than taste. The wood wrote both of them.

[Cask Capital @CaskCapital]

The traditional cask model: buy whole, hold for decades, hope for a remarkable bottling.

Fractional ownership on a secondary marketplace doesn't change what's in the cask. It changes when you can act on it. The 20-year horizon is a structure, not a law. https://t.co/mAiWntY86z

[Cask Capital @CaskCapital]

The assumption most whisky investors carry into tequila is that longer maturation means higher value. It usually doesn't.

Scotch aging works the way it does partly because Scottish warehouses are cool and humid. Angel's share (the volume of spirit lost to evaporation each year) runs at roughly 2%. A 20-year-old Scotch still has most of its spirit.

Mexican bonded warehouses are hotter and drier. Angel's share in the tequila aging environment runs at 8-12% annually. A barrel held for a decade in Jalisco can lose 60-70% of its original volume. Past year 5 or 6, most Extra Añejo tequilas tip from complex to over-oaked, flavour profile driven by wood extraction rather than spirit character.

The consequence for cask economics: value in tequila sits at classification crossings, not at extended aging. The step from Reposado (2-12 months) to Añejo (1-3 years) matters. The step from Añejo to Extra Añejo (3+ years) matters. Beyond that, the curve flattens and then reverses for most producers.

The exception is producer prestige. A highly sought producer can sustain interest further along the curve than the liquid strictly warrants, but that's a brand dynamic, not a maturation dynamic.

Understanding the category on its own terms matters before treating it like a slower Scotch.

Explore current listings at https://t.co/ztxiP55tPJ.

[Cask Capital @CaskCapital]

The on-chain record follows the cask: warehouse, fill date, ABV, custody chain. You're verifying on @hedera. When you exit, the fractional position transfers. The cask doesn't move. The title does. https://t.co/mAiWntY86z

[Cask Capital @CaskCapital]

A Speyside hogshead: ~250 L of spirit at cask strength. Fractionalize it into 100 units. Each unit is an on-chain claim to a proportional slice of that cask. From $38, you hold a fractional position in a physical product aging in a bonded warehouse. Not a fund. Not a note.

[Cask Capital @CaskCapital]

"#Tokenization is just a wrapper" is the most common
pushback we hear. It's also wrong about what the wrapper actually does.

Transferring paper title to a cask in a bonded warehouse
takes serious time — distillery sign-off, warehouse update, broker paperwork, banking rails. Tokenized custody on @hedera compresses that to minutes.

The cask doesn't move. The right to it does. That's the gap.

https://t.co/ztxiP55tPJ

[Cask Capital @CaskCapital]

That's exactly our way of thinking. Tokenization, liquidity, easy access, transparent markets. That is what the future if finance needs to achieve.

[Brian Armstrong @brian_armstrong]

Major areas where the financial system still needs an update:

1. Tokenization of real-world assets - Real estate, stocks, bonds, funds, etc. onchain for instant settlement, fractional ownership & massive distribution.

2. 24/7 Global trading - Pooled global liquidity, every asset, every person, with great leverage and capital efficiency.

3. Next-gen payments - Near-instant, low-cost global transfers using stablecoins, including for Agentic payments.

4. AI-powered risk, credit, compliance, and advice - Better decisions, less fraud, and broader access to capital. Everyone gets access to a great financial advisor.

5. Innovation friendly regulation - Move from one-size-fits-all to risk-based rules that encourage innovation and competition instead of stifling it.

6. Expanded access - Open protocols that reduce middlemen and self-custodial wallets to expand access to everyone with a smartphone.

7. Capital formation - Low cost and turnkey for anyone to raise money for a good idea, increasing the number of startups.

8. Sound money - A refuge from inflation, when discipline is lost in fiat money.

Jobs not done until we get these working for all.

Will require lots of tech innovation and policy work to get there.

[Cask Capital @CaskCapital]

Minting a cask custody record as an HTS #NFT costs ~$0.0001. $ETH mainnet at normal gas: ~$1. That's a 10,000x gap. Infra choice for #RWA custody is a unit-economics call, not a vibe. @hedera is where we build.

[Cask Capital @CaskCapital]

Aultmore in Speyside has been quietly making one of
the most sought-after Scotch malts for blends for
over a century. Most of it never carried the name
on the bottle.

Owning a cask of it is closer to source than 99% of
whisky drinkers will ever get.

That's the kind of #RWA access this platform exists for.

Pay with $USDC on @hedera. Or for our non-#crypto users, just pay with Stripe.

https://t.co/ztxiP55tPJ

[Cask Capital @CaskCapital]

Caribbean rum is the most underpriced cask-aged category in the #RWA world.

The secondary market for rum bottled product has appreciated quietly for years while collectors elsewhere chased Scotch.

We're watching the rum market closely. More soon on @hedera.

[Cask Capital @CaskCapital]

The bottle on the shelf is the end of a story that started 8-25 years earlier in a warehouse.

Cask Capital lets you own that earlier chapter.

Fractional ownership of actual maturing casks. On-chain verified custody. Built on @hedera. No broker between you and the warehouse.

The unit isn't the bottle. It's the barrel.

[Cask Capital @CaskCapital]

Good question. It's actually the reason lending sits last on our roadmap, after the secondary marketplace and the buyback program, rather than alongside them.

Liquidity risk here comes down to one thing: if a borrower defaults, can the position be realized at a predictable price? Three things shape that assessment.

Valuation anchored to independent appraisal rather than secondary-market sentiment, so the collateral holds a defensible mark even when on-chain trading is thin.

Conservative loan-to-value. The LTV buffer absorbs the discount of a non-immediate sale. Thinner liquidation depth means a lower LTV, not a different approach.

More than one liquidation route. A defaulted position isn't trapped in a single thin venue. It can be unwound through the secondary market, tendered at a buyback window, or realized through the underlying cask, which keeps a broker and bottler market of its own.

[Cask Capital @CaskCapital]

The cask investing market has one exit: wait, find a bottler, and hope.

We designed three ways for this niche #RWA:
→ Sell fractional shares on our secondary marketplace (live)
→ Borrow against your position without selling (2028)
→ Quarterly buyback at market price (2027)

The infrastructure that makes this possible is on-chain, powered by @hedera. The full breakdown is in the blog.

https://t.co/t9aa7dNlE8