Ahead of this weekend’s Australian Grand Prix in Melbourne, Williams Racing and Kraken announce a major new global partnership, with the world-leading and trusted crypto platform becoming our first-ever Official Crypto and Web3 Partner.
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Founded in 2011, Kraken is one of the world’s largest digital asset platforms, with over 10 million clients worldwide trading more than 200 crypto assets and six fiat currencies available through its mobile app and state-of-the-art trading platform.
James Bower, Commercial Director, Williams Racing, commented on the announcement:
We are proud that Kraken is entering Formula 1 with Williams Racing, bringing together two of the most trusted and longest-standing brands in our respective industries. We’re excited to get the partnership underway to offer our fans cutting-edge crypto and Web3 experiences enabling Kraken to reach new institutional clients and businesses through our network and events.
Mayur Gupta, Kraken’s Chief Marketing Officer, added:
Kraken’s partnership with Williams Racing shows what is possible when you combine an extraordinary mission with excellence, innovation and breakthrough performance. These are both iconic brands that have stood the test of time. We’re excited to engage with Kraken’s and Williams Racing’s global communities, showcasing the power and life-changing impact of crypto and Web3.
Kraken aims to empower people with new ways to connect and transact. Kraken has a track record of providing secure and seamless access to crypto through versatile funding options and a comprehensive product offering. In 2022, Kraken launched a digital collectables marketplace to enable its clients to explore this exciting new ecosystem.
Kraken and Williams Racing share a legacy of success and values of innovation, integrity, and a commitment to providing excellent experiences for fans and clients. As the first partnership of its kind for Kraken, it represents an opportunity to engage with fans and crypto holders in exciting new ways in one of the fastest-growing sports in the world.
Kraken branding will adorn the FW45 halo and rear wing for the remainder of the 2023 FIA Formula One World Championship season and driver race suits and team caps.
In line with Kraken’s commitment to driving global awareness and adoption of crypto, the rear wing will showcase KrakenNFT customer-owned digital collectables artwork from leading third-party NFT projects at select Grands Prix. Williams and Kraken will also collaborate on the design of limited-edition caps for select Grands Prix.
Putting the fans and community at the heart of its activations, Kraken will also participate in selected Williams Racing fan zone initiatives throughout the season, with pop-up experiences in cities throughout the calendar.
During the partnership, Kraken will also produce content and experiences to educate and engage fans about the value and mission of crypto and Web3.