Ferrari is moving deeper into digital assets. The luxury car maker plans to release a new crypto token called the Ferrari 499P token. It will be available only to members of the brand’s Hyperclub, a private network for its wealthiest and most loyal fans.

The token will let members trade among themselves and bid on a special Ferrari 499P race car. The car is famous for winning the 24 Hours of Le Mans three times. Only 100 Hyperclub members will get access to the token.

Why Ferrari Is Doing This

Ferrari says this project will help build a stronger bond with its top supporters. The brand also wants to connect with a new generation of young, tech-focused luxury buyers.

Many luxury brands are turning to crypto and digital assets. They see strong interest from younger entrepreneurs who earned wealth through technology, AI, and digital markets.

Ferrari already accepts Bitcoin, Ethereum, and USDC to buy cars in the United States and Europe. This shows the company is serious about using crypto in its future business.

Launch Timeline and Partners

The Ferrari 499P token will debut in 2027. Ferrari is working with Conio, an Italian fintech company, to build and manage the token.

Conio is applying for a license under Europe’s new crypto rules. The company believes this token could open more opportunities for digital car ownership and fan rewards in the future.

A luxiry Ferrari car. Source: x
Market Impact

This move shows how major brands are testing crypto in safe and exclusive ways. While the Ferrari 499P token targets only a small group, it reflects growing interest in digital assets across luxury industries. As crypto adoption grows, more brands may follow.

Disclaimer

The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.

The post Ferrari Launches Exclusive 499P Token for Hyperclub Members appeared first on Altcoin Buzz.

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