Crypto.com Is Now Sponsor of Aston Martin Formula One Team

Updated on Mar 2, 2021 at 3:47 pm UTC by · 2 mins read

Aston Martin’s partnership with Crypto.com is a clear indication that the interest in cryptocurrency adoption is increasing.

According to recent reports, one of the biggest trading sites Crypto.com has agreed to collaborate with the Aston Martin Formula One team and to sponsor the team. The multi-year sponsorship deal of the crypto trading platform and the motorsports team came amidst the incredible stance pulled by the crypto market from the beginning of the year.

As per reports from the British-based luxury car manufacturer Aston Martin, this deal comes as part of the 2021 roadmap to get back into the Formula One race after more than six decades of non-attendance.

As part of the 2021 roadmap, Aston Martin also seeks to leverage the power of data. The company recently announced a partnership deal with the global cloud-led, data-centric software company NetApp, geared towards developing a data-driven, new racing era.

The idea of crypto gradually finding its place in the automobile industry has brought much excitement to motor fans in the crypto community.

The British luxury car manufacturer Aston Martin has been one of the first automobile companies that have accepted Bitcoin and other cryptocurrencies such as Ethereum and Ripple for trades.

Aston Martin’s famous car models, thus DB5, DB6, Vantage V8 and V12, can be purchase with Bitcoin and Ethereum according to the massive Aston Martin’s classic selection list on Autocoincars.com.

Similar to the vision of Aston Martin, few luxury car manufacturers have dived into the crypto space. Elon Musk‘s Tesla Inc (NASDAQ: TSLA) and Italian carmaker Mazzanti recently reported their plans to permit people to purchase their product with Bitcoin, with Mazzanti planning to add its own security token.

For the top trading platform Crypto.com, this opportunity will provide the avenue to reach out to more users from the motorsports space and bring a complete experience for traders.

Aston Martin’s partnership with Crypto.com is a clear indication that the interest in cryptocurrency adoption is increasing. Nevertheless, with a booming crypto market this year, more institutions and organizations are expected to jump into the crypto space.

Share:

Related Articles

Bakkt Joins Bitcoin Treasury Race, Raising $1 Billion in Securities Offering

By June 27th, 2025

Bakkt Holdings has filed a Form S-3 with the SEC to raise up to $1 billion through a mix of financial instruments.

Bitcoin Miner Bit Digital Raises $150 Million to Pivot to Ethereum Staking, Shares Fall 15%

By June 27th, 2025

Bitcoin miner Bit Digital announced a strategic shift to Ethereum staking, accumulating 24,434.2 ETH by March 2025 and planning to convert its 417.6 BTC holdings into Ethereum.

ETH Price Gearing Up? Analysts Hint at Massive Surge Ahead

By June 27th, 2025

Ethereum is holding near $2,450 as whale buying and ETF inflows add optimism, while traders eye a potential breakout toward $4,000.

Exit mobile version