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 Bitcoin’s Bull-Bear Cycle Indicator Turns Green for First Time Since March 2023 May 12, 2026 FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents January 10, 2023 Singapore Government’s Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX November 18, 2022
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