Ferrari NV tokenized shares $RACE now live on Solana via Sunrise

Solana: Solana is a high-performance blockchain platform optimized for decentralized applications and tokenized assets. It now hosts the newly listed tokenized Ferrari shares through the Sunrise protocol. Sunrise: Sunrise is a Solana-based liquidity protocol focused on providing immediate onchain markets for tokenized assets including equities. It partnered with Backpack Securities to list and support trading of tokenized stocks such as $RACE. Backpack: Backpack Securities is a regulated platform offering real security entitlements and issuing tokenized versions of equities on Solana. It acted as the securities issuer for the Ferrari $RACE tokens launched via Sunrise. Ferrari NV: Ferrari NV is an Italian luxury sports car manufacturer and a publicly traded company. Its tokenized shares under the ticker $RACE were recently issued and listed for trading on the Solana blockchain. Onchain Liquidity: Sunrise coordinates liquidity for tokenized assets across the Solana ecosystem from the moment of listing. Regulatory Structure: Tokenized equities issued via this infrastructure maintain 1:1 backing with real shares and support redemption under established securities frameworks. Tokenized Equities Expansion: Backpack Securities and Sunrise have been adding multiple tokenized US stocks to Solana in recent months through their ongoing partnership.