Tokenized asset

Ferrari (RACE) on U.CASH

Ferrari (RACE) is a tokenized asset on Solana issued by Backpack Securities. Each token tracks the underlying share 1:1 as a Token-2022 token and moves with Solana finality; the issuer holds pause, freeze, and delegate powers over the token. On U.CASH you can accept RACE payments, swap it non-custodially, and hold it in your own wallet.

Straight into the app: Swap RACE · Buy RACE · Get UCASH with RACE

Ticker
RACE
Type
Tokenized asset
Launched
2026
Block time
~400 ms

Solana mainnet. Settlement on U.CASH is non-custodial: every payment moves on-chain, direct to a wallet you control. Confirmation policy for Ferrari: Solana finality (single slot).

One coin, three ways to use it

A single U Account works across accept, swap, and buy. Pick where to start.

The directory page for Ferrari: roster context, diligence, and every trading deep link.

Related on U.CASH

SpaceX (SPCX)

SpaceX (SPCX) as a tokenized asset on Solana.

Micron Technology (MU)

Micron Technology (MU) as a tokenized asset on Solana.

SK Hynix (SKHY)

SK Hynix (SKHY) as a tokenized asset on Solana.

Take-Two Interactive Software (TTWO)

Take-Two Interactive Software (TTWO) as a tokenized asset on Solana.

Trump Media & Technology Group Corp. (DJT)

Trump Media & Technology Group Corp. (DJT) as a tokenized asset on Solana.

Before you start

Two things and you are ready. A wallet that can hold Ferrari and a little SOL for gas on its chain, and the receiving address you want the output delivered to, which can be a raw address or a web3 name where the wallet resolves one. The preview shows the full picture before anything is signed: what leaves, what arrives, the fee, and the network cost. Nothing in the flow asks you to hand over keys; the wallet stays yours and signs only what you approved on screen.

Fees and settlement

Two costs, both visible up front. The platform charges a flat 0.50% all-in on the swap and nothing hidden behind it, no spread and no routing cut. The network charges its gas in SOL, settling with about 400 ms blocks on Solana mainnet, itemized per leg in the preview. What settles is on-chain to the address you chose, under this asset's policy of Solana finality (single slot), and once confirmed the balance is entirely yours to move with no platform anywhere in the path.

Execution runs through the aggregated DEX route, which means the number you approved is the number that happens or the transaction reverts: swaps are atomic, with no half-settled state to unwind and no exposure window between legs. If a route cannot fill at your approved bounds it fails cleanly and you re-quote, which is the failure mode you want, cheap and loud rather than silent and expensive.

Tokenized assets price from their issuer's own feed rather than a crypto market, so the quote tracks the underlying's session, and transfer eligibility follows the issuer's on-chain rules: the contract enforces them at settlement, which is why the checkout asks buyers to confirm eligibility once. These assets are not card-buyable; acquisition runs through the swap rail, and the fee structure above applies unchanged. What the wrapper adds is exposure with wallet speed, not brokerage machinery: no deposit account, no settlement lag between deciding and holding. Holders keep the same options as any token: send it, spend it where it is accepted, or swap back out the way they came in, and every movement carries the chain's own finality with it.

Ferrari FAQ

What is a RACE tokenized asset?
It is a Token-2022 token on Solana that tracks the underlying Ferrari share and is transferable under the issuer's on-chain rules.
Can anyone hold RACE?
The token contracts enforce their own transfer compliance: transfers to or from addresses the issuer blocks revert on-chain, and the issuer can pause a token. Checkouts ask buyers to confirm they are eligible to hold tokenized assets under their local rules.
How is the RACE price determined?
U.CASH reads the token's Solana pool price (Jupiter-routed liquidity) rather than a crypto market feed, refreshing every few minutes. Pre-IPO tokens can trade far above or below the private-market valuation of the underlying company.
Get started

Use Ferrari your way

One account unlocks accept, swap, buy, and the rest of the U.CASH network across 35 networks.