Gate.io Sponsors F1/F2 Racing Duo, Fittipaldi Brothers, As It Increases Its Presence In Brazil

On March 4th, Gate.io held a press conference with the Fittipaldi brothers to announce their sponsorship of Formula 1 and Formula 2 racing in Brazil as well as increasing their presence in the country. This announcement comes at an important time for Gate.io as they are expanding into new markets while still remaining on top of its original one: cryptocurrency trading.

Gate.io is a cryptocurrency exchange that has been increasing its presence in Brazil, sponsoring the F1/F2 Racing Duo, and the Fittipaldi Brothers. Gate.io has also increased its presence in Asia by sponsoring the Chinese team “Jin Air Green Wings”

Gate.io Sponsors F1/F2 Racing Duo, Fittipaldi Brothers, As It Increases Its Presence In Brazil

 

Chainwire, Majuro, Marshall Islands, 5 May 2022

Gate.io, one of the world’s most popular cryptocurrency exchanges, has announced that it would be a sponsor of the Fittipaldi Brothers for the 2022 Formula 1 and Formula 2 seasons. This move comes as the corporation increases its commitment to the Brazilian market, where cryptocurrency demand has skyrocketed in recent months.

The demand for cryptocurrencies in Latin American nations such as Brazil has hit new highs as the global cryptocurrency industry continues to develop at an astonishing rate. According to a recent research, Brazil has the world’s fifth largest number of bitcoin users, making it a growing market for exchanges like Gate.io.

The Fittipaldi Brothers are members of a well-known motorsport family, with Pietro Fittipaldi competing in Formula 1 and Enzo Fittipaldi competing in Formula 2. Both have come to prominence in recent years. Gate.io is honored to join the brothers as sponsors, with the goal of increasing blockchain education and awareness in the Brazilian market.

“We are ecstatic to be able to support fresh talent.” While announcing the sponsorship, Mariela Tanchez, Business Developer at Gate.io, stated, “We think that tenacity and persistence are crucial to success, and we see many of these traits in the Fittipaldi brothers.” In the ongoing season, Gate.io is committed to supporting and contributing to the Fittipaldi Brothers’ growth, connecting more people around the world with the compatibility of passion and drive, and promoting the organization’s visibility in order to continue creating an all-inclusive blockchain future.

Gate.io is set to explore the thriving Latin American markets while focusing on staying proactive with trends, reiterating its commitment to continue to actively contribute to the fast-expanding blockchain industry, bringing highly secure and rich products and services to more people around the world as official sponsors of the Fittipaldi Brothers.

Gate.io Information

Gate.io is one of the oldest and most popular cryptocurrency exchanges, having been founded in 2013. Gate.io has over 10 million registered users worldwide and provides the majority of the most popular digital assets. It has been validated by the Blockchain Transparency Institute and is constantly listed among the top 10 cryptocurrency exchanges on CoinGecko based on liquidity and trading volume (BTI). Gate.io has also received a 4.5 rating from Forbes Advisor, indicating that it is one of the Best Crypto Exchanges for 2021. Gate.io also provides decentralized finance, research and analytics, venture capital investments, wallet services, and other services in addition to the primary exchange.  

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