SINGAPORE August 23rd 2023 – Asia’s leading high-end luxury goods marketplace, LUXEHOUZE partnered with leading digital securities exchange, Alta Exchange (AltaX) in an evening of exciting collaboration that transcends the world of luxury and finance. The event is also sponsored by PrimePartners and PhillipCapital. 

Luxury asset investing was once seen as a niche market, especially in the growing fashion retail and collectible art industry. Thus, in this unique and eventful evening, LUXEHOUZE and AltaX have successfully collaborated in providing invited VIP clients and highly-acclaimed guests ranging from business CEOs, investors to wealth managers to experience the fascinating realm of luxury goods spanning from rare spirits, fine wines, and unique collectibles. 

Additionally, Head of AltaX and Chief Operating Officer of parent company Alta, Mr. Willie Chang said “As the leading digital securities exchange, AltaX continues to attract more investors to trade and invest in an increasing number of alternative assets, including a broad range of luxury assets like those featured tonight.  

During this event, in collaboration with PrimePartners and PhillipCapital, AltaX presented a selection of carefully curated premium rare whiskeys and fine wines, which were also listed on Southeast Asia’s leading digital exchange, AltaX.

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LUXEHOUZE Co-Founder, Mr. Shawn Ting also shared several remarks regarding the successful partnership, Mr. Ting mentioned “How luxury goods and fine beverages go hand-in-hand and as a matter of fact are reliant upon each other. These segments within the luxury industry have globally become a fast-growing and booming sector that has proven to be resilient in the face of changing market landscape. LUXEHOUZE itself has been a prominent trailblazer and exemplary success story in bridging the luxury retail industry within the Indonesia, Singapore, and Hong Kong market.”  Mr. Ting also mentioned in his presentation during the event that he is hoping that more of such collaboration would continue and that guests can look forward to more of these types of partnerships alike with LUXEHOUZE in the near future. 

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LUXEHOUZE also showcased some of its new watches collection that garnered a lot of attention from attendees. The beautiful collection and array of watches that LUXEHOUZE brought include: the Omega world timer bracelet, an array of Rolex collections including the Rolex green index dial jubilee, as well as the beautiful Franck Muller Color of Dream Vanguard. Guests are truly impressed with the impeccably high-end and unique collection that LUXEHOUZE brings to the table. 

LUXEHOUZE and AltaX have successfully bridged the unique industry of both luxury fashion and asset building. Both LUXEHOUZE and AltaX have attributed to the guests and VIPs expectations on why these high-value assets add a touch of elegance to one’s portfolio and resilience against challenging market conditions. Truly an evening of luxury class that is above the rest.

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About LUXEHOUZE

Luxehouze is a luxury high-end goods marketplace specializing in leather goods and watches that envisions revolutionizing the luxury retail industry. They aim to provide a platform that is safe, accessible and transparent for luxury goods enthusiasts, buyers, and sellers alike. Luxehouze ensure that all luxury goods being sold through our platform are 100% authentic through their rigorous verification and authentication processes that are in place. Their team has grown rapidly over the past year and we are now operational in Indonesia, Singapore and Hong Kong. Luxehouze constantly innovates to provide the best experience for our users through technology.

About Alta Exchange (AltaX)

AltaX Pte Ltd, as part of Alta, is a recognised market operator and a capital markets service licence holder providing custodial services.Through blockchain technology, AltaX is also able to support tokenization, digital custody, and trading of alternative assets.

Today, while more investors are looking to increase their allocation to alternative assets, the high costs of investing and illiquidity of private markets can often give many investors pause. Alta makes it easier and more efficient than ever for investors to trade tokenized alternative assets at smaller, fractionalized blocks, thereby enhancing liquidity in the private markets, and bringing alternative assets to all.

Since 2016, Alta has completed over 1,000 transactions valued in excess of US$600 million and has created access for investors to invest in over US$22 billion worth of mandated opportunities globally. Alta is headquartered in Singapore and operates several offices across Southeast Asia. For more information, visit https://alta.exchange/