# BAXUS

> BAXUS is a New York-based peer-to-peer marketplace for fine and rare wines and spirits, built on the Solana blockchain. It authenticates physical bottles, stores them in climate-controlled vaults, and issues digital tokens representing direct ownership - giving collectors and institutions real-time pricing, instant trade settlement, and the ability to use bottles as loan collateral. The platform has facilitated over $20 million in whiskey trades and raised a $5M seed round led by Multicoin Capital in 2024.

- **Founded:** 2021
- **Headquarters:** New York, United States
- **Founders:** Tzvi (Todd) Wiesel (Co-Founder & CEO), Carrie Kellar (Co-Founder & CTO), Finian Sedgwick (COO)
- **Team size:** ~14 employees
- **Products:** BAXUS Marketplace, Vaulting & Custody, Tokenization Infrastructure, Bottle- & Cask-Backed Lending, Industry Data Repository
- **Notable:** Facilitated over $20M in whiskey trades to date, Raised $5M seed round led by Multicoin Capital in 2024, Featured in Forbes, The Block, and by whiskey authority Fred Minnick

## Products & services

- **BAXUS Marketplace** — A peer-to-peer marketplace for buying, selling, and trading fine and rare wines and spirits at listed prices - no auctions, no time constraints.
- **Vaulting & Custody** — Independent authentication and climate-controlled storage of physical bottles, with tokenized digital ownership issued on the Solana blockchain.
- **Tokenization Infrastructure** — Digital tokens representing direct ownership of physical bottles, enabling instant settlement, real-time pricing, and price discovery.
- **Bottle- & Cask-Backed Lending** — Asset-backed loans that let collectors and distilleries borrow against tokenized whiskey - distilleries can secure loans at roughly 12-15% APR (via partnership with Unloc).
- **Industry Data Repository** — A growing dataset of provenance and pricing information intended to bring transparency and efficiency to the wine and spirits market.

## Achievements

- Facilitated over $20M in whiskey trades to date
- Raised $5M seed round led by Multicoin Capital in 2024
- Featured in Forbes, The Block, and by whiskey authority Fred Minnick
- Built custodial vaulting and Solana-based tokenization infrastructure for wine and spirits
- Enabled distilleries to tokenize casks and access loans at ~12-15% APR

## Latest updates

- **2024-05** — Closed $5M seed round led by Multicoin Capital with Solana Ventures, Narwhal Ventures and FJ Labs to fund global expansion.
- **2025-01** — Advanced BAXUS 2.0 focus on real-world applications: tokenized whiskey loans, distillery cask financing, and AI-driven pricing.

## Links

- Website: https://baxus.co
- LinkedIn: https://www.linkedin.com/company/baxusco
- Twitter/X: https://twitter.com/BAXUSco
- Instagram: https://www.instagram.com/baxus.co
- Facebook: https://www.facebook.com/profile.php/?id=61550249942769

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Profile page: https://yespress.io/baxus
Published by YesPress — https://yespress.io
Last updated: 2026-07-07