CruTrade Launches Wine NFT Marketplace on Avalanche to Reward Producers
The post CruTrade Launches Wine NFT Marketplace on Avalanche to Reward Producers appeared on BitcoinEthereumNews.com.
Key Notes Tokenized wine bottles enable instant peer-to-peer trading while physical inventory stays secure in Burgundy storage facilities. The platform launches with immediate access to Crurated’s existing collection worth over $60 million for strong liquidity. Revolutionary fee structure returns a quarter of all trading commissions directly back to original wine producers. A new platform named CruTrade has launched a secondary marketplace for fine wine on the Avalanche AVAX $28.41 24h volatility: 7.8% Market cap: $12.00 B Vol. 24h: $1.01 B blockchain. Announced from London on Oct. 7, 2025, the marketplace allows collectors to trade tokenized bottles of wine peer-to-peer. The platform’s standout feature is a commitment to return 25% of every trading fee to the original wine producers. CruTrade is built upon the foundation of Crurated, an existing members-only digital wine club. Crurated sources wine directly from producers, then creates a non-fungible token (NFT) for each bottle to certify its origin and track its history on the blockchain. According to an announcement from AVAX, this system ensures transparent provenance. It allows users to trade the NFTs instantly. At the same time, the physical wine remains secure in Crurated’s specialized storage facility in Burgundy. A New Model for Wine Resale The company aims to address a broken system in the secondary wine market. Traditionally, resellers face high fees, logistical challenges, and the risk of bottle spoilage during shipping. For collectors, verifying a wine’s provenance can be difficult, making the market susceptible to fraud. CruTrade bypasses these issues by tokenizing the bottles, enabling secure and efficient trading. This approach is part of a larger movement toward tokenizing real-world assets, reflecting growing RWA market trends across traditional finance. Screenshot of the CruTrade.io platform The marketplace launches with exclusive access to Crurated’s inventory, which is valued at over $60 million. This existing collection provides…
Filed under: News - @ October 7, 2025 7:29 pm