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    Ferrari signs a partnership with Velas, active in blockchain and NFTs

    Velas Network Ag, a Swiss company active in the blockchain and NFT sector, is one of the new sponsors for next season for the Formula One Ferrari team. The agreement also provides for the creation of digital content for Cavallino fans. Velas will also be the main sponsor of Ferrari Esports, the online mono-brand series that competes in the official Formula One videogame championship.

    “We are pleased to start this collaboration with Velas Network AG, a company that makes innovation and performance the hallmark of technologically advanced products and services: these are all values that unite us and that led us to choose Velas as one of our Premium Partner”, Mattia Binotto, General Manager and Team Principal, Scuderia Ferrari, said.

    Headquartered in Switzerland, Velas Network AG is renowned for the creation and integration of cutting edge digital products and services and led by a diverse team of engineers, cryptographers, researchers and mathematicians.

    “Having built a next-generation blockchain that puts the emphasis both on sustainability and performance, it was natural to partner with another icon of excellence, which is Ferrari. Velas has introduced an innovative variety of pioneering technology into the blockchain and associated products, which will now be showcased at the pinnacle of motorsport”. Farhad Shagulyamov, CEO co-founder, Velas Network AG said

    On Monday, when it issued the partnership statement, Ferrari gained + 0.89% on the Italian stock exchange.

    Press release

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