Dubai Racing Club announced yesterday a partnership with Dubai-based company Tokinvest to explore the launch of a pioneering program for racehorse tokenization. The goal is to create a global marketplace for horse tokens and offer new ways for fans to interact with the best and most powerful horse races. The proposed program aims to empower fans and investors to purchase digital tokens linked to a racehorse's career. Token holders will be able to share in the revenues from races associated with the tokenized portion of the horse, as well as gain access to various exclusive experiences on race days across multiple categories, with benefits varying by tier. The program is subject to regulatory approval and is not currently available to the general public.
