Gate.io Forms Multi-year Partnership with Oracle Red Bull Racing in F1
Gate.io has formed a strategic partnership with Oracle Red Bull Racing, a leading Formula One team. This collaboration aims to enhance Gate.io's visibility through branding on team assets starting in the 2025 season.
- Gate.io branding will appear on the rear wing, nose, headrest, and chassis of Red Bull Racing cars.
- The deal is projected to engage a broader audience, leveraging Red Bull's global fanbase of 750 million, which has grown by 5.7% since 2021.
- Gate.io expects to expand its user base beyond the current 21 million registered users.
- The partnership reflects an increasing intersection between blockchain technology and various industries, including motorsport.
- Gate.io’s average daily trading volume was approximately $3.2 billion as of February 10.
- The exchange lists over 3,600 coins and offers diverse products like Gate Pay, Gate Card, and Gate OTC.
This partnership may facilitate greater mainstream adoption of digital assets, particularly benefiting altcoins with practical utility.