CaskX Expands Investment Platform to Include American Single Malt
Whiskey investment company CaskX announced the continued expansion of its investment platform with the addition of American Single Malt Whiskey to its suite of client offerings.
American Single Malt received official recognition as a distinct whiskey category in January 2025 and CaskX quickly recognized the unique opportunity it provided for clients to diversify their portfolios with a completely new type of whiskey with limited existing inventory in U.S. warehouses.
The American Single Malt category represents a significant innovation in the U.S. whiskey landscape, distinguished by its 100% malted barley mash bill, a departure from the corn-dominant recipes of traditional bourbon.
“While bourbon has defined American whiskey for centuries, American Single Malt opens an entirely new chapter in the country’s storied spirits-making tradition,” Jeremy Kasler, founder and CEO of CaskX, said in a news release.
“We’re excited to be at the forefront of this new category and give clients the rare chance to get in on the ground floor of what we believe will become a highly sought-after segment of the whiskey market.”
The American Single Malt category offers several features for investors:
Collaboration with Jackson Purchase Distillery
CaskX’s initial American Single Malt offering will feature a collaboration with Jackson Purchase Distillery, where Master Distiller Craig Beam – formerly of Heaven Hill and part of a storied bourbon-making legacy – is crafting an exceptional spirit using specialized malt selected specifically for its flavor contribution.
In a notable twist that honors bourbon heritage while embracing innovation, the spirit will mature in ex-Heaven Hill barrels, creating a symbolic bridge between Craig Beam’s past at Heaven Hill and his current work at Jackson Purchase.
“American Single Malt represents one of the most significant innovations in the history of American whiskey-making,” Kasler said. “Those who recognize this opportunity now will be well-positioned as American Single Malt develops its own distinct identity and following in the global whiskey market.”
Beam added, “I wanted to impart a lot more flavor from the mash – some caramel, a little more chocolate. It’s going to be better than Scotch. I don’t like anything peated, so this will be different. But I think it will still appeal to Scotch lovers, while someone who considers themselves a bourbon drinker should love it as well.”
“Heaven Hill stands out because they don’t rinse their barrels after they empty them like other distilleries do,” Terry Ballard, Assistant Master Distiller for Jackson Purchase, said. “That means there’s still a lot of flavor they can pass to the next whiskey. With this combination, I think there’s going to be a little smoke, and a lot of bread and earth flavors.”
This diversification strategy has been key to CaskX’s success in attracting both seasoned investors and newcomers to the whiskey investment space, as evidenced by a growing global investor base of over 600 clients with 30,000+ whiskey cask investments.
A new chapter in American whiskey—introducing an exclusive American Single Malt from Jackson Purchase Distillery. Aged in used Heaven Hill barrels, blending tradition with innovation.
— CaskX (@caskxofficial) April 30, 2025
Rare opportunity for investors- https://t.co/jKrCg7OxVn pic.twitter.com/BeaIPZIdYr
Read more: CaskX, Jeremy Kasler and the Fake Bourbon Bubble Burst
About CaskX
CaskX offers a whiskey investment platform at the intersection of spirits and finance. As the whiskey industry continues its remarkable growth, CaskX has forged a pathway for distilleries to connect with investors in order to secure a consistent flow of capital, ensuring uninterrupted production. The team of specialists at CaskX customizes each investor’s portfolio to align with their specific financial objectives, positioning investors to protect and grow wealth with a tangible asset that naturally gets better with age. For more information, visit CaskX.com.