Bybit Singapore based exchange inked $150 Million deal with Red Bull's F1 team. According to the deal Bybit will pay $50 million per annum to Red bull's F1 Team. This is the largest crypto based sponsorship across the globe.
This deal will assist Red Bull to launch its NFT's and promote fan token. Formula 1 is famous sport all over the globe. Bybit Sponsor with Red Bull formula team will open new way not only for Bybit company but also for crypto world as it may help crypto popular around the globe. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.