Ferrari to issue digital tokens for VIP clients

Ferrari plans to issue digital tokens to offer its top clients an opportunity to bid on its Le Mans-winning 499P model racing car, Cointelegraph reported. The tokens, developed in partnership with fintech firm Conio, will be available exclusively to approximately 100 VIP customers in Ferrari's private Hyperclub. Holders will be able to participate in an auction linked to the 2027 World Endurance Championship (WEC) season and will also be permitted to trade the tokens among themselves.