Spirits Capital Corporation a fintech company that merges AI-powered technology with premium American whiskey investments, and AltExchange have partnered to provide registered investment advisers (RIAs) with access to manage client reporting for Spirits Capital’s Cask Investment Deeds, a private credit product paying a fixed rate of return backed by whiskey as it matures in the barrel.
The partnership aims to have RIAs to be able to diversify their clients’ portfolios with access to unique alternative investment opportunities, without any management and reporting complexities.
Kareem Hamady, CEO at AltExchange, said, “We’re thrilled to partner with Spirits Capital to provide RIAs access to unique spirits investment opportunities while eliminating management and reporting complexities associated with Alternative Investments.”