Original source: Gate.io

Gate.io, the world’s leading cryptocurrency trading platform, has officially announced that it has become the official sponsor of Oracle Red Bull Racing in Formula 1, an eight-time World Drivers Championship winner. Through this multi-year cooperation agreement, Gate.io has become the team’s exclusive cryptocurrency trading platform partner. F1 Red Bull Racing is known around the world for its outstanding performance on the track, while Gate.io is known for its innovation and cutting-edge technology in the field of digital economy. Both parties adhere to the common concept of pursuing excellence. This cooperation is also an important sign of the joint efforts of the two industry giants.

F1 Red Bull Racing has not only set a new benchmark in Formula One racing, but has also won the world championship honors continuously since 2021 with its excellent engineering capabilities, data-driven precise decision-making and unremitting pursuit of victory. At the same time, Gate.io is also constantly innovating in the field of blockchain technology, taking the lead in launching a user-verifiable exchange reserve mechanism to enhance trust, transparency and financial security in the cryptocurrency field.

Since its establishment in 2013, Gate.io has rapidly developed into one of the world’s earliest and most well-known cryptocurrency trading platforms, with more than 20 million users. Over the past 12 years, Gate.io has not only achieved outstanding results in the field of transactions, but has also successfully built a complete blockchain ecosystem, covering secure digital asset transactions, decentralized finance (DeFi), blockchain infrastructure construction, and venture capital. and many other fields such as Web3 technology continue to promote industry innovation.

This cooperation is based on the common pursuit of innovation and leadership by both parties. F1 Red Bull Racing continues to challenge the limits of the track with its precise handling and agile strategy on the track, while Gate.io continues to expand its boundaries in the field of blockchain infrastructure, committed to improving speed, security and scalability. sex to support the next generation of digital finance.

Christian Horner, CEO and Team Leader of F1 Red Bull Racing, said: “We are very pleased to be working with Gate.io Gate.io shares our team’s passion for technological innovation. We look forward to working with Gate.io to create a more immersive and unique team experience for global fans. We also look forward to working with like-minded partners to break through tradition and create a new landscape for the future.”

Dr. Han Lin, founder and CEO of Gate.io, said: “At Gate.io, we have always believed that innovation and performance are closely linked, whether in blockchain or racing. F1 Red Bull Racing continues to challenge the limits of engineering technology, and we continue to innovate in blockchain technology to promote the development of digital finance towards higher transparency, speed and efficiency. This cooperation comes at a critical moment as blockchain technology breaks through the financial sector and expands into other industries. We are very excited to explore the intersection between blockchain and other global industries such as motorsports.”

Through this cooperation, Gate.io aims to accelerate the popularization of global blockchain technology and leverage the global influence of F1 Red Bull Racing Team and its huge fan base to promote digital finance, Web3 and blockchain solutions to a wider audience.

About Gate.io

It is one of the earliest cryptocurrency trading platforms in the world and has occupied a leading position in the field of compliant digital asset trading since 2013. Currently, Gate.io serves more than 20 million users around the world and has always maintained an industry leader in terms of liquidity and transaction volume. In addition to transaction services, Gate.io also provides a full range of financial and blockchain services such as decentralized finance (DeFi), Web3 solutions, research and analysis, venture capital and startup incubation. As the pioneer of user-verifiable exchange reserves, Gate.io has always been committed to improving security, transparency, and promoting the future development of digital finance.

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