Ferrari stock rises after announcing BingX crypto partnership
PositiveFinancial Markets

Ferrari's stock has seen a notable rise following the announcement of its partnership with BingX, a prominent cryptocurrency exchange. This collaboration is significant as it marks Ferrari's entry into the crypto space, potentially attracting a new demographic of investors and fans. The partnership not only enhances Ferrari's brand visibility in the digital currency market but also reflects a growing trend among luxury brands to embrace innovative financial technologies.
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