The announcement supports fractional ownership of up to 500 luxury vehicles. These cars are valued at a combined worth of $200 million. The announcement says that the cars will be stored and maintained in a vault located in Stuttgart, Germany.
Speaking on the new offering, CurioInvest Founder and CEO Fernando Verboonen praises the product, allowing people to get into luxury auto investment. Verboonen says:
“Most investors have had to sit and watch as elite asset classes outperformed equities and bonds. CurioInvest and MERJ offer these investors a unique way to access these assets, tokenized on a distributed ledger, and available on traditional securities markets infrastructure. This is the best of all worlds.”
Delta Time, a Formula 1 (F1) blockchain game, announced in November an auction of F1 non-fungible tokens (NFTs).I
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