Ferrari is entering the crypto world with the launch of “Token Ferrari 499P,” a blockchain-based digital asset developed in partnership with fintech firm Conio. Initially available to Hyperclub members — an elite circle of around 100 endurance-racing fans — the token will enable private trading and exclusive auctions for Ferrari’s 499P endurance car. The initiative continues Ferrari’s embrace of digital finance, following its acceptance of Bitcoin, Ethereum, and USDC for car purchases. Set to debut with the 2027 World Endurance Championship season, the project highlights how luxury automakers are leveraging blockchain to deepen exclusivity and connect with a younger, tech-savvy clientele.Ferrari is entering the crypto world with the launch of “Token Ferrari 499P,” a blockchain-based digital asset developed in partnership with fintech firm Conio. Initially available to Hyperclub members — an elite circle of around 100 endurance-racing fans — the token will enable private trading and exclusive auctions for Ferrari’s 499P endurance car. The initiative continues Ferrari’s embrace of digital finance, following its acceptance of Bitcoin, Ethereum, and USDC for car purchases. Set to debut with the 2027 World Endurance Championship season, the project highlights how luxury automakers are leveraging blockchain to deepen exclusivity and connect with a younger, tech-savvy clientele.

Ferrari Launches “499P Token” Giving Collectors a Chance to Own the Iconic Car

By: Hackernoon

2025/10/28 13:40

TOKEN$0.007945-2.31%

CAR$0.005852-2.58%

FINANCE$0.000641-18.34%

USDC$0.9998-0.01%

Italian sports-car maker Ferrari is preparing to launch a new digital token, “Token Ferrari 499P,” targeted at its wealthiest fans and tech-rich clientele, Reuters reports.

The token, developed in partnership with Italian fintech Conio, will be reserved initially for members of “Hyperclub,” a select group of approximately 100 Ferrari endurance-racing fans, allowing them to trade tokens among themselves and bid in an exclusive auction for the Le Mans-winning 499P endurance car.

\ The initiative marks Ferrari’s broader push into the convergence of cryptocurrency and luxury-tech. The company began accepting Bitcoin, Ethereum, and USD Coin for purchases in the U.S. in 2023 and expanded the service to Europe in 2024.

Ferrari’s Chief Marketing and Commercial Officer, Enrico Galliera, told Reuters that the initiative is “about strengthening the sense of belonging among our most loyal customers.”

While the rollout is planned for the start of the 2027 World Endurance Championship season and currently remains limited in scope, the move underscores how luxury brands are adapting to the increasing wealth of younger tech entrepreneurs. The project is still awaiting regulatory clearance from EU digital-asset rules as Conio applies for licensing.

:::info Feature image source.

:::

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

Share Insights