BingX, a leading crypto exchange and Web3 company, has disclosed its strategic partnership with Scuderia Ferrari HP, a luxury automaker known for its high-performance vehicles and Formula 1 racing team. The primary objective of this integration is to enhance crypto adoption and increase the global brand visibility.
Scuderia Ferrari HP has practically earned a good reputation by providing racing-specific cars and has impressed the world with its advanced level of maintenance. On the other hand, BingX is also among the rising cryptocurrency exchanges in the world. BingX has revealed this news through its official social media X account.
The agreement signed between BingX and Scuderia Ferrari HP is based on a multi-year partnership. For this alliance, Ferrari NV (NYSE: RACE) stock rose to 2% by Friday’s close. This means that there is a considerable impact on the Ferrari brand. On the other hand, this partnership also allows crypto users to buy or deal with one of the world’s best luxury automaker companies.
This partnership offers a lot of opportunities for crypto users to fulfill their dreams by having the world’s first-class and fastest car via cryptocurrency. In addition, Ferrari interest in blockchain and cryptocurrency technologies as potential areas for future innovation or revenue streams.
The collaboration of BingX and Scuderia Ferrari HP also indicates shared values of speed, precision, innovation, and global performance. Simultaneously, this unification has had a positive impact on the buying and selling trend of the Ferrari brand.
Furthermore, this partnership has a unique impact on the whole crypto market by getting closer to the world’s most desired brand. While it is the pathway to make the wishes of people come true by holding cryptocurrencies.


