New Wine Stock Exchanges Are Here to Stay Says BWC Management & Consulting's James Aspinall
Last year's launch of new wine stock exchange platform Cavex has encouraged much speculation amongst the fine wine community and has split opinions on the validity of this type of business model. Cavex was said to have been almost 2 years in the making and billed itself capable of competing with already existing exchanges, aiming to break new ground in the way fine wine is traded. Almost 2 years later and with little change, there are questions over not just the short-term but also the long-term potential of trading wine in such a manner.