Coinbase revealed a partnership with the Formula One Martin Aramco team, adding to the Crypto Excination brand’s brand expansion list that aims to enhance encryption dependence.
Coinbase is topped with F1 USDC care
in Blog post On February 14, Coinbase announced the latest strategic deal with Aston Martin Aramco, which will allow Excination America as the exclusive Crypto partner of the Formula One team with a good reputable.
Although the financial details of the partnership are still private, Coinbase has shared that its investments will be fully paid at USDC Stablecoin, and thus on Aston Martin Aramco directly as a customer in Coinbase Prime.
As part of its care deal, the Coinbase brand will be displayed on the Halo and Red Wing End plate from Aston Martin Amr25 and racing racing for drivers Fernando Alonso and Lancersol for this season.
Commenting on this deal, Jefferson Slack, the administrative director of Aston Martin Aramco, shows satisfaction with the new terms of this partnership sponsored by Stablecoin.
Recession He said:
This partnership shows the confidence and confidence that we put in Coinbase’s experience as a leader in digital financing. By dealing with this entire deal in USDC, we point out
With this last announcement, The American Exchange joins a group of other encryption companies in Formula One. These include Crypto.com, Kraken, OKX, Bybit, Tezos, etc.
The brand continues to expand
After her partnership with Aston Martin Aramco, Coinbase expands his affiliations with companies across various sectors to enhance prevailing encryption dependence. This includes Stripe, Borussia Dortmund Football Club, and Legue Canadian Football.
Interestingly, Bloomberg Journalist Yang Reports This Coinbase in discussion with many large American banks looking to adventure in the encryption trade. Encryption According to what was reported, it is like a partner in the custody and trade of these banks that are claimed to include Citi, Goldman Sachs, State Street and BNY. However, Yang notes that this is likely to be a long -term development as this will be asked to obtain a regulatory permit from banking organizers.
In the midst of this positive expansion, Coinbase in court is still fighting multiple cases. It is worth noting that the American Stock Exchange is currently addressing an appeal between cultures in its case with the US Securities and Exchange Committee (SEC) It seeks to clarify the Howwey test on digital assets.
At the time of the press, the total ceiling of the Crypto market is still worth $ 1.2 trillion after an increase of 1.71 % last day.
Distinctive image from Shutterstock, the tradingView graph
