2026-01-17 08:34:15

The lending platform Nexo recently signed a four-year major contract to become the official digital asset sponsor for a well-known F1 racing team. Industry insiders reveal that the deal is valued at tens of millions of dollars. Under the sponsorship framework, Nexo will gain brand exposure through placements on race car livery, driver helmets, and crew uniforms in high-visibility areas. This type of sports marketing is not unfamiliar to crypto platforms, but securing official digital asset sponsorship status at a top global event demonstrates Nexo's ambitions in brand building and market expansion. This move also reflects the crypto lending sector's pursuit of more diverse marketing channels to enhance awareness.

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ser_we_are_early

· 10h ago

Millions of dollars poured into F1, this is a gamble on the future of crypto Nexo's move is quite bold, truly daring to spend money Advertising on F1 tracks is much more reliable than the crypto circle's mutual hype Sports marketing should have been the way to go long ago, it's definitely more stable than air coins Wait, can this really bring back users... it's a bit uncertain Oh no, this contract is four years, whether it's a bull or bear market later, it's really hard to say Lending platforms playing such big games, where is the risk awareness? Looks pretty impressive, but I don't know how ROI is calculated Crypto is indeed becoming more "regulated," but can this money be earned back? This is the proper way for business operations, more reliable than some projects

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gas_guzzler

· 10h ago

Nexo's approach is quite clever—spending hundreds of millions on F1 sponsorship, clearly aiming to whitewash the reputation of crypto lending. But then again, who doesn't want to ride the wave of top-tier events these days? Anyway, burning money on marketing is definitely better than getting sued. If Nexo can advertise on F1, when can my lending positions be that bold... Back to the topic, can such big contracts really attract new users, or are they just for appearances? F1 audiences are mostly wealthy, so Nexo's move definitely targets the right crowd.

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