BAXUS
A blockchain-powered NFT marketplace for trading and custody of rare spirits
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About BAXUS
BAXUS is a fine wine and spirits marketplace on Solana that mints each physical bottle as an NFT. Bottles sit in temperature-controlled bonded warehouses, the NFT carries ownership and redemption rights, and buyers can take delivery at any time. Trading is peer to peer at a 10% seller fee and 1% buyer fee, a structure better suited to frequent small trades than auction-house commissions, and the chain records wine, vintage, storage and transfer history so provenance is traceable.
It moves collectible spirits from auction seasons into a continuous market, serving collectors, merchants and funds allocating to alternative assets. A Solana Mobile app launched in December 2025 accumulates a crowd-sourced price database through bottle scanning, giving over-the-counter quotes a reference, while a barrel-monitoring system feeds distilleries real-time temperature, humidity and ethanol readings into pricing.
In April 2026, BAXUS launched Offers, letting buyers bid below the asking price for sellers to accept or decline. On August 12 the app arrived on Solana Mobile's dApp Store, where Seeker users earn points for scanning bottles to log prices.
The BAXUS platform handles spot and cask trading of rare wine and spirits on Solana, charging sellers 10 percent and buyers 1 percent against the 35 to 40 percent typical of traditional auction houses. Cumulative trading volume has passed $20 million, and the company raised a $5 million seed round in May 2024 led by Multicoin Capital, with Solana Ventures, Narwhal Ventures and FJ Labs participating.
BAXUS plans to normalize secondary trading in the fourth quarter of 2026, connect allocation issuance from more distilleries by 2027, and put authentication and storage insurance on-chain as verifiable credentials.
Tzvi (Todd) Wiesel — Co-founder & CEO; heads the US reviews team at The Whiskey Wash and founded BAXUS in 2021.
Carrie Kellar — Co-founder & CTO; leads platform engineering and on-chain ownership infrastructure.
Finian Sedgwick — Co-founder & Chief Growth Officer.
Richard Morrow — Chief Operating Officer.