Lyqd is the first improved online exchange in the world for whiskey in barrels, and it is ready to change the way people buy, sell and hold whiskey in barrels. As it stands, there are 44 million cases of whiskey of a value estimated at 79 billion euros currently stored for aging worldwide, and Lyqd sees the potential to become the essential exchange of whiskey in barrels.
This new platform and this new platform aims to democratize the world of Irish whiskey investment in barrels, to make assets more accessible to new investors and to offer liquidity to those existing. “As the world’s leading online exchange for whiskey in a barrel improved by artificial intelligence, our technology brings transparency to a market for the benefit of all legitimate stakeholders,” said Lyqd CEO James Jardella.