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SPIRITS CAP CORP (SSCC) is a fintech company specializing in merging technology with the alternative asset class of premium American whiskey. The company has launched the Distilled Barrel Financial Exchange (DBFEX), a global marketplace connecting distillers, investors, and brands in the spirit industry. With a proprietary AI-driven pricing tool called the Barrel Value Optimizer, DBFEX provides real-time access to quantities, prices, valuations, buyers, and sellers in a secure and transparent marketplace. SPIRITS aims to capitalize on the growth of premium American whiskey while it matures in the barrel, offering investors a secure and transparent way to participate in this growing market.
Spirits Capital has promoted Adam Handelsman to Executive Vice President. Handelsman, who joined the company in 2023, has been important in developing the company's external communications and branding strategy, particularly in securing national coverage and building relationships within the barrel-aged spirits industry media.
In his expanded role, Handelsman will oversee external communications, branding, and marketing, with a special focus on the Distilled Barrels Financial Exchange (DBFEX) global brand. He will continue working with senior leadership on the firm's long-term vision and growth strategy.
Chairman & CEO Todd Sanders praised Handelsman's dedication and leadership, noting their 20-year professional relationship. The promotion aims to strengthen the company's position in integrating technology with the global production, management, and transactional needs of the barrel-aged spirits market.
Spirits Capital has promoted Michael Weydemuller to Chief Compliance Officer from his previous role as Chief Investment Officer. In his new position, Weydemuller will oversee compliance for the company's Distilled Barrels Financial Exchange (DBFEX), ensuring all transactions meet Alcohol, Tobacco Tax and Trade Bureau requirements.
Weydemuller, a founding executive team member with a Master's in Taxation from Golden Gate University, has been instrumental in the company's growth and securing funding. CEO Todd Sanders emphasized that this promotion reflects the company's commitment to maintaining regulatory integrity while scaling operations. The appointment aims to strengthen DBFX's position as the leading platform for barrel-aged spirits transactions.
Spirits Capital , a fintech company specializing in premium American whiskey assets, has appointed Ray Franklin as Chief Revenue Officer to oversee the Distilled Barrels Financial Exchange (DBFEX). Franklin, former founder and president of Staghorn and Garrard County Distilling Company and board member of the Kentucky Distillers Association, brings significant industry expertise to the role. The DBFEX platform features a proprietary Barrel Value Optimizer tool for analyzing market data and suggesting optimal pricing for aged whiskey barrels, enabling investors to value, invest, and profit from maturing spirits.
Spirits Capital , a fintech company blending technology with premium American whiskey, has announced the appointment of Patrick Flynn as Chief Financial Officer. CEO and Chairman Todd Sanders emphasized the importance of attracting executives with strong moral compasses, expressing satisfaction with Flynn's acceptance of the CFO position.
Flynn expressed enthusiasm about joining the Spirits Capital team, stating his readiness to leverage his experience to provide strong financial and strategic leadership. He highlighted his exposure to various businesses and best practices throughout his career, which he believes will enable him to bring fresh perspectives and value to shareholders while maintaining ethics and safety as top priorities.
Spirits Capital (SSCC) announced the formation of its board of directors, consisting of industry leaders with vast experience in finance, technology, and branding. The company is entering a growth phase with the launch of the Distilled Barrel Financial Exchange and the expansion of Cask Deeds products.