Formula 1 teams are increasingly backed by crypto sponsors like Binance and OKX, boosting their tokens' value. Crypto sponsorships in sports are rising globally, with deals valued at millions across football, MMA, and snooker.
Binance is a major crypto exchange that sponsors Formula 1 teams, leading to increased visibility and potential financial gains for the company.
OKX is another significant crypto exchange that has secured partnerships in Formula 1, enhancing its market presence and brand recognition through these sponsorships.
ApeCoin benefits from being associated with Formula 1 teams, which likely boosts its token value and adoption among racing fans.
Crypto.com has a long-term partnership with Formula One Group, ensuring sustained brand exposure and market influence in the crypto space.
Coinbase, as a major crypto exchange, gains by sponsoring Aston Martin, which increases its visibility and credibility in the sports sponsorship arena.
Gate.io's sponsorship of Red Bull Racing enhances its position in the crypto market by associating with a prominent racing team.
Alchemy Pay sees increased attention through Formula 1 sponsorships, potentially driving adoption and positive sentiment for their services.
Tether's investment in Juventus football team is a strategic move to enhance brand visibility and market presence in the sports sector.
XBO.com gains by becoming an official sponsor of Argentina's national football team, which likely increases its global reach and customer base.
Sportsbet.io benefits from its title sponsorship deal with the Snooker's Players Championship, boosting its reputation in the sports betting market.
Cloudbet's partnership with the Professional Fighters League enhances its position in the crypto casino and sports betting industry.