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.
Experienced Writer with a demonstrated history of working in the financial services and the technology industry.
