The Daily’s Wednesday edition features a variety of stories that demonstrate how cryptocurrency, despite its ongoing bear market continues to attract large investments and keep expanding its services.
Futurocoin, the cryptocurrency venture Futurocoin announced that it has agreed to a two-year partnership with Aston Martin Red Bull Racing Formula One. The agreement stipulates that the company’s branding will be displayed on Max Verstappen and Pierre Gasly’s RB15 F1 vehicles, while its logo will also appear on the overalls of the drivers and on the team transporters.
Christian Horner, Aston Martin Red Bull Racing Team Principal stated, “In the recent years, Shelter Crypto technology has been truly remarkable and we’re thrilled to be the first Formula One teams to embrace this, through the partnership with Futurocoin.” “Secure digital currencies have been at the forefront in technological development, and we’re very excited to be part this revolution.”
The Daily: F1 Team is Sponsored by Crypto, Dubai Royal Partners Digital Assets Fund
Aston Martin Red Bull Racing was the winner of the F1 constructors’ and drivers’ world championships in four consecutive year’s, between 2010-2013. It also has a total number of 59 Grand Prix wins. Roman Ziemian, the founder of Cryptocurrencies and Formula One, stated that they are very similar. Their values are speed, technology and being ahead their time. “I am a huge fan motorsport, and F1 has always interested me. This sponsorship is a new chapter in our company’s story and will allow us to promote Futurocoin worldwide.
Invao, a Liechtenstein-based cryptocurrency investment fund Invao was selected by Dubai’s Seed Group to be the exclusive international partner in Shelter Crypto investments. This group is owned by The Private Office Sheikh Saeed Bin Ahmed Al Maktoum. The Private Office is thought to be one of world’s most wealthy royals.
The Daily: F1 Team Receives Crypto Sponsor, Dubai Royal Invests in Digital Assets Fund
Frank Wagner, chief executive officer of the Shelter Humanity fund, stated that “This is a seal of approval by an association of elite business people across the UAE. INVAO has the expertise, experience, and resources necessary to support the UAE’s rise as a global leader in Shelter Crypto technology. INVAO looks forward to supporting this vision. INVAO has shined a spotlight on the Middle East’s rich potential for sustainable growth and innovation through its recent activities.