Walkers helps Savea transform fine wine into an investment product

Our team in Jersey has advised on the launch of Savea Wine (SAVW) an asset-backed investment that transforms fine wine into an accessible, secure and transparent investment product.
 
A team led by partner Dilmun Leach and including senior counsel Sarah Townsend, advised fintech firm Savea on the Jersey corporate and regulatory aspects of SAVW which issues digital tokens backed by fully insured investment-grade wine.
 
Dilmun said: "We were delighted to advise Savea on this pioneering investment product which demonstrates how well traditional finance can be bridged with blockchain technology." 
 
Sarah added: "I'm pleased that SAVW's investors will be able to benefit from Jersey's strong track record in the virtual assets space."
 
Sam Mudie, Co-Founder & CEO of Savea added: "We're very grateful to Dilmun and team for their progressive approach and guiding us through the legal process."
 
"We now look forward to helping people buy, sell and verify assets at any time and enjoy wine investment without barriers."
 
Savea is the latest in a series of token issuers which Dilmun and team have advised.
 
We have a leading cross-practice debt capital markets, fintech, regulatory, corporate and investment funds team who are at the cutting edge of innovative financial services products including AMCs, CLOs, note issuers, securitisation vehicles and tokenisation issuers and platforms.
 
Our Jersey team works seamlessly with colleagues in the Cayman Islands, Ireland, Bermuda, London, Guernsey and our other four offices, making us well-placed to advise clients on novel projects such as this.