AltcoinCryptocurrencyCryptocurrency DerivativesNews

Aston Martin’s F1 Partners With Crypto.com

The British car manufacturer, Aston Martin, has announced a partnership with cryptocurrency exchange firm, Crypto.com. As a result of this partnership, the logo of Crypto.com will be emblazoned on the body of the Aston Martin’s cars that will participate  in the new 2020/21 Formula 1 season. This is as Aston Martin returns to the Formula 1 stage after about 61 years of absence.

While the financial details of the deal remain unknown to the public, it is said that the deal will run for a couple of years, and it will cover Aston Martin’s F1 team within that period.

What It Means For Crypto.com

With its logo adorned on the F1 car, it will spell more exposure for a cryptocurrency exchange organization which recently saw its users exceed the 10 million mark. This partnership will further raise awareness of cryptocurrency and blockchains, and it is expected that among the over 87 million people expected to watch the races, a good number will be influenced to engage in crypto trading, seeing that it is becoming a global enterprise.

The leading crypto exchange organization could further leverage their partnership with Aston Martin to promote other crypto-based products and services. A notable service which it could display is its debit card program, which back in 2020, the company claimed to have the most widely available Visa cards following its exploits in Europe.

📰 Also read:  NFT Sales Increase by 18% as Trading Volume on Solana Peaks at $5.93 Billion

This announcement back in May 2020 came at the back of its MCO Visa card roll out in Canada and other countries, further strengthening the possibilities of cryptocurrencies being used as a standard means of payments world over.

In the exact words of Crypto.com co-founder and CEO, Kris Marszalek: “The fact that a cryptocurrency company can go out there and make a statement like this, and align with such a well-respected brand with such a huge tradition as Aston Martin, it makes a statement that the industry is maturing.”

What’s Next For Aston Martin?

The car maker widely known for its appearance in James Bond movies will make a comeback into the Formula 1 space not only with Crypto.com’s logo on the body of their cars, but also with a desire to understand the specifics of cryptocurrencies. The commercial managing director of the manufacturer, Jefferson Slack has already reiterated their desire to work alongside Crypto.com in view of gaining a wider understanding of what cryptocurrency entails.

The company have previously stated their interest in nonfungible token markets as well as payments systems; a niche which Crypto.com is already a major stakeholder in.

📰 Also read:  Price Analysis October 28th, 2024 - BTC, BNB, ETH, SOL, and DOGE

With the latest partnership between Crypto.com and Aston Martin, the doors of crypto firm partnerships with sporting organizations and public infrastructures have been firmly flung open. It is therefore expected that in the nearest future, many more partnerships shall occur as cryptocurrencies continue to gain popularity in the public domain.


Tokenhell produces content exposure for over 5,000 crypto companies and you can be one of them too! Contact at info@tokenhell.com if you have any questions. Cryptocurrencies are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by Tokenhell authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content or banners (ad space) posted on the site. Read full terms and conditions / disclaimer.

📰 Also read:  Donald Trump's DeFi Project Announces Token Sale Date

Shelly Melancon (Switzerland)

Shelly is a cryptocurrency enthusiast from Switzerland, she bought her first crypto in 2015 when it was way less popular then it is today and since 2017 she has been writing about cryptocurrency for online news portals. Shelly is the newest addition to the Tokenhell team, she writes mostly news and reviews related articles , stay tuned to her posts to stay up to date with the crypto world.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Skip to content