Ferrari tokenized shares go live on Solana via Sunrise
- —Each $RACE token is backed 1:1 by a real Ferrari NV share held in regulated custody
- —Trading runs 24/7 via Phantom, Jupiter and Raydium
- —Tokens are eligible for dividends and corporate actions
- —Backpack aims to expand tokenized stock symbols on Solana from 200 to 10,000
Why it matters: Tokenizing blue-chip equities on Solana broadens access to traditional assets, but liquidity and redemption reliability remain untested.
Source: Crypto Briefing