According to Odaily, Baxus, a player in the Web3 wine market, has announced the launch of a blockchain-based bottled product, BAXUS: Lehman Brothers Ch. 11. The product, supported by Blinks, is a limited edition with only 500 units available for sale. Each unit is priced at $200 and will be available for exchange in the fall of 2024.
In earlier news from May, Baxus announced the completion of a $5 million strategic financing round. The round was led by Multicoin Capital, with participation from Solana Ventures, Narwhal Ventures, FJ Labs, and a group of angel investors. This funding round marked a significant milestone for Baxus as it continues to innovate and expand in the Web3 wine market.