A new marketplace built on the Avalanche (AVAX) blockchain, CruTrade, has announced the tokenization of more than $60 million worth of fine wine assets, marking a major step toward merging luxury goods and blockchain technology.
The world’s most exclusive wines are coming to Avalanche.@crutrade_io is bringing $60M+ of fine wine on-chain for you to purchase, trade, or even enjoy.
Avalanche is tokenizing all the world's assets? pic.twitter.com/1BMMjKfbLM
— Avalanche? (@avax) October 7, 2025
The initiative covers around 200,000 bottles from 250 top producers, primarily from Burgundy. By leveraging tokenization technology, collectors can now trade provenance-verified bottles instantly and securely, without physically moving the wine. The move aims to address long-standing inefficiencies in the $9 billion secondary fine wine market, which analysts project could reach $25 billion by 2030.
Transforming the Traditional Wine Market
Historically, the fine wine industry has struggled with high transaction fees, delayed settlements, and physical transport risks that could affect bottle quality. According to Avalanche, collectors have often faced fees as high as 35%, long settlement times, and even wine spoilage during shipping.
CruTrade’s solution centers around a simple philosophy: “Move value, not bottles.” Each bottle is tagged with RFID technology and its provenance is verified before being minted as a token on the Avalanche blockchain.
Physical bottles are stored in climate-controlled facilities, including warehouses in Beaune, France, operated by Crurated, while blockchain ensures an immutable chain of ownership.
This model eliminates transportation risks, with studies showing that one in six bottles faces damaging heat exposure during shipping. Additionally, 25% of trading fees are redistributed to wine producers, providing them with a new revenue stream and incentive to participate in the ecosystem.
Blockchain Transparency Meets Fine Wine Provenance
CruTrade operates on Avalanche’s EVM-compatible C-Chain and utilizes ERC-721 non-fungible tokens (NFTs), ensuring interoperability with broader digital asset ecosystems. The platform offers transparent fee structures and tamper-proof provenance records, key for investors and collectors alike.
John Nahas, Chief Business Officer at Ava Labs, described the initiative as a perfect fit for the blockchain’s global tokenization vision:
“Fine wine aligns naturally with Avalanche’s mission to tokenize real-world assets. CruTrade combines perfect provenance with Avalanche’s speed and security to deliver a truly unmatched experience.”
Burgundy winemaker Théo Dancer also praised the innovation:
“The problem isn’t resale. It’s what happens to the wine in between. CruTrade lets collectors unlock value without endangering or degrading the bottle.”
The Future of Tokenized Luxury Assets
CruTrade’s model reflects a growing trend: the tokenization of real-world luxury assets such as art, real estate, and collectibles. By transforming fine wine from an illiquid collectible into a tradeable, investment-grade digital asset, CruTrade opens new financial possibilities while maintaining cultural and quality integrity.
In the long term, tokenized wine assets could be freely traded on decentralized exchanges, merging traditional connoisseurship with modern financial innovation.
