Leading cryptocurrency platform Crypto.com (CRO) has entered into a global partnership with the famous British Formula One racing team, Aston Martin.
The partnership between Crypto.com (CRO) and Aston Martin Cognizant Formula One Team comes ahead of the Formula One team’s 2021 car launch. Overall, 2021 is notable as Aston Martin has been away from Formula One racing for over 60 years but the legendary racing team is back to Gran Prix racing this year.
— Crypto.com (@cryptocom) March 2, 2021
Of additional note is that Crypto.com is the first cryptocurrency platform to be sponsoring a Formula One team.
What To Expect
Aston Martin Cognizant Formula One Team will sign a multi-year deal with the cryptocurrency platform that reportedly serves over 10 million global customers. Crypto.com boasts a fast-growing app, a widely used crypto card, an exchange, and a DeFi Wallet.
Each member of this partnership firmly believes in technology and speed. The two companies also plan to bring exclusive experiences, as well as opportunities, to traders and fans of the sport.
Kris Marszalek, the co-founder and CEO of Crypto.com, says, “We are extremely excited to be partnering with Aston Martin Cognizant Formula One Team. There is strong alignment between our brands and the aspirations of our customers. In only four years we have built the world’s most secure and fastest-growing cryptocurrency platform serving more than 10 million customers worldwide. We’re proud to be partnering with Aston Martin as they return to Grand Prix racing, especially as the first cryptocurrency platform to be sponsoring an F1 team.”
Jefferson Slack, Managing Director – Commercial & Marketing, Aston Martin Cognizant Formula One Team, also commented on the development. He stated that the partnership with Crypto.com puts Aston Martin Cognizant Formula One Team at the forefront of cryptocurrency and blockchain technology.
“It is an industry that is fast becoming mainstream and it is hugely exciting that we – as an innovative Formula One team – are building a strong relationship with a company that is leading the way in this important sector,” he added.
About Aston Martin Cognizant Formula One Team and Crypto.com
Aston Martin is a British car manufacturer that has participated in motorsports in various forms for over 100 years. The company first participated in Formula One racing during the 1959 season.
Their mission is to use the global platform of motorsports in engaging a new wave of fans, featuring the latest technology and innovation. At the same time, Aston Martin wishes to represent the values that resonate with the changing world.
Crypto.com was created in 2016. They have a vision to help everyone gain control of their money, data, and identity. The cryptocurrency company is headquartered in Hong Kong with a team of over 900 personnel.
Crypto.com is reportedly built on a solid foundation of security, privacy, and compliance. It is also the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013, and PCI:DSS 3.2.1, Level 1 compliance. The platform was also awarded a Tier 4 rating, the highest level, for both NIST Cybersecurity and Privacy Frameworks.
Before now, Crypto.com burned 70 billion CRO tokens. It was the largest token burn ever, and it was also a crucial step in decentralizing the Crypto.com network at the mainnet launch.
As of the time of publication, Crypto.com Coin price was $0.151774, with a 24-hour trading volume of $225,352,309. CRO price also fell by 4.0% over the last 24 hours. Besides, it has a circulating supply of 24 billion CRO coins and a max supply of 100 billion. Upbit is also the current most active market trading CRO.
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Featured image courtesy of Aston Martin Cognizant Formula One Team.