Gate.io has entered into a strategic partnership with Oracle Red Bull Racing, marking a move to integrate its brand into Formula 1 equipment and promote crypto assets.
What This Partnership Means
The main aim of this partnership is to expand public knowledge about cryptocurrencies. Together with Oracle Red Bull Racing, Gate.io seeks to present its platform to Red Bull’s global audience. Dr. Lin Han, CEO of Gate.io, considers this agreement an ideal business arrangement that combines high-speed operations and technological development.
More About Gate.io
Gate.io supports the migration of Decentralized USD (USDD) tokens to version 2.0 at a 1:1 ratio. This means users holding the original USDD tokens can exchange them for the newer version without any value loss, ensuring a smooth transition.
Technical Collaboration and Audience Impact
Fans will now see the Gate.io brand on key parts of the Red Bull race car, including the rear wing, nose, headrest, wheel covers, and chassis, as well as on the drivers’ suits and helmets, ensuring high visibility throughout the season.
The partnership between Gate.io and Oracle Red Bull Racing highlights the importance of cryptocurrencies and blockchain technologies in the modern world while enhancing their presence in popular culture.