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Conio to launch the Token Ferrari 499P. The digital token will only be available to members of Ferrari's Hyperclub, which Reuters says has 100 members, and is expected to launch at the start of the 2027 World Endurance Championship season.It can be traded among Hyperclub members and used at an auction for a real-life Ferrari 499P, an endurance sports car that won three consecutive Le Mans titles.Don't Miss:Deloitte's #1 Fastest-Growing Software Company Lets Users Earn Money Just by Scrolling — Accredited Investors Can Still Get In at $0.50/Share.Missed Nvidia and Tesla? RAD Intel Could Be the Next AI Powerhouse — Invest Now at Just $0.81 a ShareLe Mans, formally known as The 24 Hours of Le Mans, is a day-long endurance race where the winner is determined by the driver who covers the greatest distance.“This is about strengthening the sense of belonging among our most loyal customers,” Ferrari Chief Marketing and Commercial Officer Enrico Galliera told Reuters.Conio must first get regulatory approval from the European Union before launching the token, Reuters reported.“The potential for development is enormous,” Conio Chief Fintech Strategist and project architect Davide Rallo was quoted as saying.Trending: Accredited Investors Can Now Tap Into the $36 Trillion Home Equity Market — Without Buying a Single PropertyConio has worked alongside U.S. fintech company Mesh to provide Italian citizens access to exchanges like Binance and Coinbase (NASDAQ:COIN), Reuters reported last year. The company earlier this year launched a partnership similar to their Ferrari venture with an Italian solar energy company, according to media reports.This is not Ferrari's first foray into the cryptocurrency world. It started accepting Bitcoin and other digital assets as payments for its cars in the U.S. in 2023, and in Europe last year.Read Next: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?Wall Street's $12B Real Estate Manager Is Opening Its Doors to Individual Investors — Without the Crowdfunding MiddlemenImage: ShutterstockThis article Ferrari Is Getting Into Crypto, But It Will Only Be Available To 100 People originally appeared on Benzinga.comTerms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,840.20 +17.86 (+0.26%)Dow 3047,562.87 +40.75 (+0.09%)Nasdaq23,724.96 +143.81 (+0.61%)Russell 20002,479.38 +13.43 (+0.54%)VIX17.44 +0.53 (+3.13%)Gold3,996.50 -19.40 (-0.48%)PortfolioSign in to access your portfolioSign inTop gainersBHF Brighthouse Financial, Inc. 57.07 +11.38 (+24.91%)ILMN Illumina, Inc. 123.54 +24.53 (+24.78%)TWLO Twilio Inc. 134.88 +22.02 (+19.51%)TVTX Travere Therapeutics, Inc. 35.16 +5.51 (+18.58%)BFAM Bright Horizons Family Solutions Inc. 109.23 +16.95 (+18.37%)Top losersATGE Adtalem Global Education Inc. 98.02 -43.75 (-30.86%)SPSC SPS Commerce, Inc. 82.24 -21.65 (-20.84%)TBBK The Bancorp, Inc. 65.37 -11.83 (-15.32%)DXCM DexCom, Inc. 58.22 -9.98 (-14.63%)ABR Arbor Realty Trust, Inc. 10.09 -1.46 (-12.64%)Most activeNVDA NVIDIA Corporation 202.49 -0.32 (-0.16%)AMZN Amazon.com, Inc. 244.22 +21.36 (+9.58%)PFE Pfizer Inc. 24.65 +0.36 (+1.48%)OPEN Opendoor Technologies Inc. 7.77 +0.43 (+5.86%)ONDS Ondas Holdings Inc. 6.44 +0.15 (+2.38%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 109,853.67 -562.37 (-0.51%)ETH-USD Ethereum USD 3,848.24 -53.16 (-1.36%)XRP-USD XRP USD 2.50 -0.01 (-0.35%)SOL-USD Solana USD 183.59 -3.21 (-1.72%)DOGE-USD Dogecoin USD 0.18 -0.00 (-2.34%)Top economic events