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Supercars Are Coming To The Solana Blockchain

January 29, 2025
x min read
MCQ Markets lamborghini RWA
Mentioned:

The Solana ecosystem has been exploding with new projects and protocols. But, are Ferraris and Lamborghinis coming next?

What’s happening:

  • SOL Global Investments (CSE: SOL) has announced a strategic investment into real world asset tokenization startup MCQ Markets

The big idea:

  • MCQ Markets is bringing ultra rare, collectible luxury cars onto the Solana blockchain to enable fractional ownership
  • Once MCQ Markets lists a collectible car on their platform, individuals are then able to purchase tokenized ownership in the vehicles that allow them to participate in the future value

Why it matters:

  • Tokenizing real world assets on the blockchain is one of the most exciting applications of digital assets, especially for democratizing access to traditionally inaccessible asset classes such as luxury art and collectible cars

Going deeper:

  • SOL Global Investments has been rapidly deepening their bet on the Solana ecosystem, just recently raising a fresh financing round for the sole purpose of accumulating more Solana to hold directly as an asset

Disclaimer

The New Money provides background information on early stage companies from publicly available sources. The New Money provides no advice on dealing in securities, is not a financial adviser and does not pretend to be so. This message is meant for information and educational purposes only. The information contained in this email is not to be considered factual or complete. Anybody interested in obtaining financial and other information on companies mentioned is advised to get it direct from the companies, or from their own investment adviser. The New Money does not intend for this information to be used to inform an investment decision. The New Money has been compensated by SOL Global Investments for a media campaign, which affects our ability to be unbiased. The Principals of The New Money may buy or sell shares of SOL Global Investments without further notice. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. The New Money and its principals and agents are not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Always do your own research and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy or Sell securities. No representation is being made that any stock trade will or is likely to achieve profits. Comparisons made to other featured companies or past performance is not indicative of future results.

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