Majuro, Marshall Islands, 5th May, 2022, Chainwire
Gate.io, one of the world’s leading cryptocurrency exchanges, recently announced it has joined the Fittipaldi Brothers as sponsors for the 2022 Formula 1 and Formula 2 seasons. This move comes as the company has increased its commitment in the Brazilian market, which has seen demand for cryptocurrencies grow tremendously in recent months.
As the global cryptocurrency market continues to grow at an incredible pace, the demand for crypto in Latin American markets such as Brazil has reached new highs. According to a recent report, Brazil has the fifth highest number of cryptocurrency users in the world, making it an increasingly important market for exchanges such as Gate.io.
The Fittipaldi Brothers are from a prominent motorsport family with Pietro Fittipaldi racing in the Formula 1 championship and Enzo Fittipaldi racing in the Formula 2 championship, and have both risen to prominence in recent years. Gate.io is proud to join the brothers as sponsors with an aim to promote education and awareness of the blockchain ecosystem across the Brazilian market.
“We are very excited to sponsor young talents. At Gate.io, we believe that determination and perseverance are keys to success, and we see many of these values in the Fittipaldi brothers”, said Mariela Tanchez, Business Developer at Gate.io, while announcing the sponsorship. Gate.io is dedicated to supporting and contributing to the growth of the Fittipaldi Brothers in the ongoing season, connecting more people across the globe with the compatibility of passion and drive and promoting the organisation’s visibility in order to continuously create an all-inclusive blockchain future.
As official sponsors of the Fittipaldi Brothers, 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 as well as services to more people across the world.
Established in 2013, Gate.io is one of the oldest, leading cryptocurrency exchanges. Gate.io offers most of the leading digital assets and has over 10 million registered users across the world. It is consistently ranked as one of the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko, and has been verified by the Blockchain Transparency Institute (BTI). Additionally, Gate.io has been given a rating of 4.5 by Forbes Advisor, making it one of the Best Crypto Exchanges for 2021. Besides the main exchange, Gate.io also offers other services such as decentralized finance, research and analytics, venture capital investments, wallet services and more.
Intl Head of PR & Communication