🔥 Ferrari has brought its stock to Solana
▸ Effective October 6: Ferrari’s tokenized stock, RACE, officially launches on Solana, bringing shares of a traditionally listed company onto a public blockchain
▸ Putting shares on-chain doesn’t mean direct ownership: most tokenized stocks are backed by real shares held by a custodian, while tokens issued on-chain serve only as representations. Voting rights, dividends, and redemption all depend on the issuer’s terms
▸ Compliance guardrails come first: these tokens are typically tradable only by KYC-verified users in approved jurisdictions. On-chain transfers may still be restricted by the issuer’s whitelist, so they aren’t completely free to trade
💡 Tokenized equity is one of RWA’s most compelling narratives, but before placing an order, check three things: who holds the real shares, whether redemptions are readily available, and who controls the contract’s minting authority. That string of code on-chain determines how much your “shareholder” status is really worth.
#RWA #Solana #TokenizedStocks
▸ Effective October 6: Ferrari’s tokenized stock, RACE, officially launches on Solana, bringing shares of a traditionally listed company onto a public blockchain
▸ Putting shares on-chain doesn’t mean direct ownership: most tokenized stocks are backed by real shares held by a custodian, while tokens issued on-chain serve only as representations. Voting rights, dividends, and redemption all depend on the issuer’s terms
▸ Compliance guardrails come first: these tokens are typically tradable only by KYC-verified users in approved jurisdictions. On-chain transfers may still be restricted by the issuer’s whitelist, so they aren’t completely free to trade
💡 Tokenized equity is one of RWA’s most compelling narratives, but before placing an order, check three things: who holds the real shares, whether redemptions are readily available, and who controls the contract’s minting authority. That string of code on-chain determines how much your “shareholder” status is really worth.
#RWA #Solana #TokenizedStocks