Ferrari's RACE tokenized stock debuted on the Solana blockchain on October 6, allowing investors to trade a token that represents one Ferrari share with full shareholder rights, including dividends and corporate actions. Issued by Backpack Securities via the Sunrise asset gateway, each token is backed by a share held in regulated custody and can be redeemed for traditional shares. The token trades 24/7 on platforms like Phantom, Jupiter, and Raydium, unlike conventional stock exchanges. Backpack Securities plans to expand its tokenized stock offerings on Solana from around 200 to 10,000, though no timeline has been announced.
Ferrari's RACE tokenized stock launch on Solana is notable for enabling 24/7 trading with full shareholder rights. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 07, 2026 08:11 WIB: out of 50 major cryptocurrencies, 9 rose and 40 fell today. Notable movers include SAND at Rp1.254 with a 4.27% increase and a Pluang order activity of 63% Sell / 37% Buy, AVAX at Rp206.913 up 3.46% with 35% Sell / 65% Buy, and ALGO at Rp2.212 down 3.28% with 27% Sell / 73% Buy.
U.S. Solana spot ETFs experienced $3.6849 million in net outflows in a single trading day, marking a reversal from earlier inflow streaks that saw up to $26.1 million in net inflows. This outflow reflects redemptions exceeding new investments within ...
Ademi LLP is investigating the proposed $5.8 billion acquisition of Option Care Health, where shareholders will receive $32.05 per share. The investigation focuses on whether the deal price fairly values the company, the benefits to insiders, restric...
The US government transferred over $103 million in cryptocurrency on October 7, 2026, moving 833.6 BTC to Coinbase Prime and 40,285 BNB through multiple addresses to an unlabeled wallet. This movement represents less than 1% of the government's total...
Dogecoin (DOGE) rose 1.2% to close near $0.094, reaching a session high of about $0.0967. However, it continues to face strong resistance between $0.098 and $0.10, preventing a sustained recovery above this range. A close above $0.10 would signal fur...
Dogecoin's price rose 1.2% to $0.094, marking its first daily golden cross in 14 months, a bullish signal indicating improving short-term momentum. However, the cryptocurrency faces strong resistance near $0.10, a level it must surpass to confirm a s...
