SBI Digital Markets (SBIDM) has launched its first luxury wine structured notes in Korea and Thailand that marks a first for both markets.
SBI Digital Markets (SBIDM) has debuted its first luxury wine structured notes in Korea and Thailand, marking a first for both the Asian markets. The notes, collateralised by fine Bordeaux, Burgundy and Piedmont wines, were subscribed fully by Kyobo Life Insurance and Kyobo Securities in Korea and by Token X, a SCBX subsidiary, in Thailand. SBIDM plans to expand into other real-world asset classes - SBIDM's Winston Quek The notes are structured by SBIDM and originated from