币界网报道:Cryptocurrency trading platforms have sponsored F1 teams with huge sums of money. Platforms such as OKX and Bybit have invested tens of millions of dollars to reach multi-year cooperation with top teams such as McLaren and Red Bull. These sponsorships are not only brand exposure, but also seen as tickets to enter high-end social circles. The F1 event has become an important platform for the crypto industry to demonstrate its strength and acquire high-end users due to its elite temperament and global political and business resource network.