Asset
The car
A Ferrari F12tdf (2015), as named in the 2020 press coverage. Physical, singular, indivisible. It cannot be split; it can only be owned.
- Collector vehicle
- Not on-chain itself
Special situations · Case file · Vaduz
A Ferrari F12tdf. On-chain since 2020. Its issuer went into liquidation. The token outlived it.
A collector car, a Liechtenstein issuer, an ERC-20 token, a wrapper and a dissolution order that was later lifted. Every layer has its own answer to the question: who owns what?
In liquidation, 2023
Still on-chain, 2026
The structure
Five layers.
One car.
Scroll down the chain. Each layer is a separate legal or technical object, and each one fails differently.
Issuer · 2018
Curio AG, Vaduz
The Liechtenstein issuer behind the car token. Its prospectus, dated July 2019 and published on the FMA website, has since expired. It predates the Blockchain Act (TVTG), in force since January 2020.
- Founded 2018
- Register FL-0002.594.728-9
- Prospectus July 2019 (expired)
- Framework pre-TVTG
Token · 2020
CT1 · CarToken1
An ERC-20 on Ethereum. Whole units only, a hard cap, no decimals. The car became a ledger.
- Deployed 16 Jun 2020
- Max supply 1,100,000
- Decimals 0
- Contract CarToken
Company · 2023 → 2025
Curio AG → CT1 Investhub AG in Liquidation 2023–25
In November 2023 the registry dissolved the issuer ex officio and appointed a liquidator. A year later it was renamed, given a new board and a new purpose: participations in the value of collector vehicles. In February 2025 the liquidation order was lifted. Same token. In 2025 the company resolved to move its seat from Vaduz to Zug, where it is registered as 731 AG.
- Dissolved 2 Nov 2023
- Renamed 29 Nov 2024
- Liquidation lifted 28 Feb 2025
Token, held · 2021 → today
wCT1 and the Safe
A wrapped version of the car token, with two decimals. And a multisig vault, named ct1investhubag.eth, that holds both and settles redemptions on-chain.
- wCT1 deployed 31 May 2021
- Max supply 451,751
- Safe since 16 Sep 2024
Verify on-chain
Don't trust this page.
Read the chain.
Three addresses on Ethereum mainnet. Supply is re-read live from a public node when this page loads; everything else links to Etherscan.
CT1CarToken1 · ERC-20
0x4F01887Cbd397a676921985639cEF79398204Cf0
Total supply1,100,000
Decimals0
Holders30
Deployed16 Jun 2020
wCT1Wrapped Car Token 1
0x46683747B55C4A0fF783B1A502cE682eB819eb75
Total supply451,751
Decimals2
Holders55
Deployed31 May 2021
Safect1investhubag.eth · multisig
0x6631f2742E677120aC02f2ad21F42efaa6A32433
Holds CT113,971
Holds wCT1331,509.47
TypeGnosis Safe proxy
Created16 Sep 2024
Values as read on Etherscan, 12 Oct 2026. Holder counts are not re-read live.
Public record
Verify it yourself.
Every date has a source.
Public registers, regulator and press sources, and the chain. Each line links to where it can be checked. Nothing here goes beyond what those sources state.
- July 2019 · Prospectus
The FMA Liechtenstein approved Curio AG's securities prospectus for the tokenized Ferrari F12tdf (STO).
Issuer's counsel, 25 Jun 2019 ↗ · FMA prospectus register ↗ - 31 Jan 2020 · Press
Bloomberg: “Want to Own a Ferrari? Now You Can Through a New Digital Token.” CurioInvest and MERJ Exchange announce CT1, backed by a Ferrari F12tdf.
Bloomberg ↗ · The Business Times ↗ · The Block ↗ - 16 Jun 2020 · Token
CarToken1 (CT1) deployed on Ethereum: 1,100,000 units, 0 decimals. The public sale opened the same week.
Etherscan ↗ · CoinDesk, 17 Jun 2020 ↗ - 31 May 2021 · Wrapper
Wrapped Car Token 1 (wCT1) deployed on Ethereum, 2 decimals. Listed as wCT1/IXS on IX Swap from 26 Apr 2022.
Etherscan ↗ · IX Swap ↗ - 30 Nov 2023 · Amtsblatt
Curio AG becomes Curio AG in Liquidation: dissolved ex officio by order of the Amt für Justiz of 2 Nov 2023, liquidator appointed.
Amtsblatt 146520 ↗ - 16 Sep 2024 · Safe
Multisig Safe ct1investhubag.eth created on Ethereum.
Etherscan ↗ - 29 Nov 2024 · Rename
General meeting adopts new articles: name CT1 Investhub AG, new purpose covering participations in the value of collector vehicles.
Amtsblatt 172731 ↗ - 28 Feb 2025 · Liquidation lifted
The Amt für Justiz lifts the ex officio dissolution and liquidation. Published 15 Mar 2025.
Amtsblatt 172731 ↗ - 12 Sep 2025 · Seat transfer
Cross-border seat transfer from Vaduz (LI) to Switzerland resolved under Art. 161 ff. IPRG. Entered in Zug as 731 AG, CHE-462.858.040 (SHAB, 3 and 9 Oct 2025).
Zug commercial register ↗ - 17 Mar 2026 · Amtsblatt
CT1 Investhub AG, FL-0002.594.728-9, deleted from the Liechtenstein register following the seat transfer from Vaduz to Zug.
Amtsblatt 189646 ↗
What it unlocks
A car does not divide.
A register does.
What a properly structured asset token can make possible. Whether it does depends on the documents, not on the token.
Liquidity
Exit without a buyer for the whole car.
Units can change hands without the car changing garages.
Partial sale
Sell a fifth. Keep the keys.
Release capital from a collector asset without giving it up entirely.
Succession
Three heirs, one Ferrari.
Units split cleanly where a car can only be argued over.
Honesty · register of limits
Not yet.
We do not pretend.
What the chain proves, and what it does not.
- The chain does not name the car.The token calls itself CarToken1, nothing more. The link between token and vehicle sits in documents.
- "Wrapped" is not a legal category.Whether wCT1 is a derivative is answered by its terms, not by Etherscan.
- No on-chain price.Etherscan shows no market value for CT1 or wCT1. We do not invent one.
- The 2019 prospectus has expired.This page does not replace it, and is not a new one.
- A token is not custody.Who holds the car and its title is a contract question, not a blockchain one.
- Lifting a liquidation is not a happy ending.It buys time to put structure back. That is the work.
Special situations
Have a special situation?
Reach out to us.
Coffee at Herrengasse 30, Vaduz. Bring the incomplete version; we reply with structure, or with a clear refusal.
Write to us+423 233 11 33