Coinbase partners with Aston Martin Aramco Formula One team in a new collaboration. Details of the financial agreement undisclosed.
Coinbase, an American digital currency exchange, has signed a new collaboration agreement with the Aston Martin Aramco Formula One team. This collaboration is part of Coinbase’s brand expansion strategy to promote digital currency adoption. Coinbase will be introduced as the exclusive digital currency partner of this team. The financial details of this agreement have not been disclosed, but Coinbase has announced that the costs will be covered entirely with the stablecoin USDC. As per the agreement, the Coinbase exchange logo will be displayed on the race car and drivers’ suits of this team in Formula One competitions.
