Ferrari cuts ties with crypto sponsor ahead of 2023 Formula One season Post author:MiamiCrypto Post published:January 8, 2023 Post category:fan tokens / ftx / sport The Ferrari-Velas partnership from 2021 — set at $30 million a year — was aimed at increasing fan engagement through nonfungible tokens (NFTs) and other shared initiatives. You Might Also Like FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock December 23, 2022 Crypto winter freezes sports sponsorships for digital asset firms June 21, 2022 Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem November 27, 2022
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