Cryptocurrency exchange Kraken signed a sponsorship deal with Williams Racing.
Kraken has embedded the opening excerpt of its nine-page Bitcoin whitepaper on the Williams Racing cars competing in this weekend’s Australian Grand Prix.
Kraken Uses Bitcoin Whitepaper in Its Logo in Formula 1 Racing
Cryptocurrency exchange Kraken sponsored Formula 1 team Williams Racing. At this weekend’s Austrian Grand Prix, the company showcased the Bitcoin Whitepaper in its logo.
Announcing earlier this week that it has partnered with Williams Racing to become the first official crypto and Web3 partner, Kraken places the opening excerpt of the nine-page document on the team’s cars that will compete in the Australian Grand Prix.
Kraken shared this on Twitter with the following quote:
“Who said #Bitcoin isn’t fast?”
YES! That’s the Bitcoin Whitepaper on the @williamsracing F1 car 👀
Who said #Bitcoin isn’t fast!? pic.twitter.com/HSRMpPHihr
— Kraken Exchange (@krakenfx) March 31, 2023
Cryptocurrency exchange Kraken explained this situation in its logo as follows:
“Beginning by outlining that a purely peer-to-peer version of electronic money will allow online payments to be sent directly from one party to another without going through a financial institution, the document will sit in the nose cone of the car.”
The crypto exchange also plans to give selected Kraken NFT owners the chance to view their digital collectibles displayed on the rear wing of the Williams Racing car.
