According to a report by Investing.com, Ferrari NV (NYSE: RACE) shares closed 2% higher on Friday, adding $1.5 billion to the luxury automaker’s market capitalization, after announcing a multi-year strategic partnership with cryptocurrency exchange BingX.
According to the company’s announcement, Ferrari S.p.A., a wholly-owned subsidiary of Ferrari, has signed a partnership agreement with BingX, a leading crypto exchange and Web3 company. The collaboration will officially take effect on January 1, 2026, when BingX becomes a Team Partner of Scuderia Ferrari HP.
This partnership represents Ferrari’s entry into the cryptocurrency space through a formal partnership with an established exchange.

<span style='font-family: ui-sans-serif, system-ui, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, "Noto Sans", sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji";'>According to a report by Investing.com<span style='font-family: ui-sans-serif, system-ui, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, "Noto Sans", sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji";'>, <span style='font-family: ui-sans-serif, system-ui, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, "Noto Sans", sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji";'>Ferrari NV (NYSE: RACE) shares closed 2% higher on Friday, adding $1.5 billion<span style='font-family: ui-sans-serif, system-ui, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, "Noto Sans", sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji";'> to the luxury automaker’s market capitalization, after announcing a multi-year strategic partnership with cryptocurrency exchange BingX<span style='font-family: ui-sans-serif, system-ui, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, "Noto Sans", sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji";'>.
According to the company’s announcement, Ferrari S.p.A., a wholly-owned subsidiary of Ferrari, has signed a partnership agreement with BingX, a leading crypto exchange and Web3 company. The collaboration will officially take effect on January 1, 2026, when BingX becomes a Team Partner of Scuderia Ferrari HP.
This partnership <span style='font-family: ui-sans-serif, system-ui, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, "Noto Sans", sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji";'>represents Ferrari’s entry into the cryptocurrency space through a formal partnership with an established exchange.<span style='font-family: ui-sans-serif, system-ui, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, "Noto Sans", sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji";'>

Ferrari Partners with Crypto Exchange BingX, Adding $1.5 Billion to Market Cap

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