Ferrari tokenized shares go live on Solana through Sunrise
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- BP
Ferrari shares were tokenized on Solana through Sunrise, and the RACE token launched with round-the-clock trading. The token is backed one-for-one by Ferrari shares held in regulated custody, and holders can redeem it for traditional share rights.
Key claims & sources
What it means
Ferrari tokenization now reaches people who want exposure to the stock in token form, and the launch on Solana is the part that becomes visible to users and market participants today. The RACE token also gives holders a structure tied to one Ferrari share and a redemption path for traditional share rights, which is the practical feature they can see now.
Market reaction i
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 32 days ago | Shiba Inu (SHIB) Goes Live on Solana event | 1 actors in common · 4 news media |
| 34 days ago | Powerus went public Thursday. By Friday, its shares were on Solana event | 1 actors in common · 2 news media |
| 34 days ago | Powerus tokenized stock PUSA hits $8 million in volume on Solana in four hours event | 1 actors in common · 3 news media |