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Home News Crypto

OKX Launches McLaren F1 Campaign to Drive Crypto Adoption Ahead of Dutch Grand Prix

17 July 2025
in Crypto, News
Reading Time: 3 mins read
103 6
source: financefeeds.com

source: financefeeds.com

Crypto exchange OKX has unveiled a new European campaign in partnership with the McLaren F1 Team, aiming to boost brand visibility and accelerate crypto adoption ahead of the 2025 Dutch Grand Prix in Zandvoort.

Running through August 31, the campaign centers around high-impact fan engagement, including immersive VIP experiences and exclusive McLaren merchandise giveaways. The initiative targets both seasoned crypto users and newcomers, offering them the opportunity to connect with OKX through Formula 1’s global stage.

“Partnering with McLaren allows us to turn the Grand Prix into a live experience that creates lasting value for users,”

said Erald Ghoos, CEO of OKX Europe.

“This is about more than just visibility, it’s about building meaningful, lasting connections between our platform and the F1 fanbase.”

OKX Launches European Campaign with McLaren F1 Team ahead of Dutch Grand Prix to Boost Crypto Adoption https://t.co/qaCR9nrGi9

— PR Newswire Top Stories (@PRN_TopStories) July 16, 2025

New users who complete identity verification and make their first trade on OKX will receive a guaranteed McLaren F1 Team cap and be entered into a draw to win one of three VIP Race Experiences. Existing customers can also participate by referring friends; both referrer and referee will become eligible for the same prizes once onboarding is complete.

Additional rewards will be unlocked as user milestones are hit, with giveaways for the 1,000th, 2,500th, and 5,000th qualifying participants.

OKX emphasized that the campaign is aligned with its broader strategy to convert event-driven sign-ups into long-term, engaged customers. The company also highlighted its early compliance with the EU’s Markets in Crypto-Assets (MiCA) regulation, having already secured a MiCA license underscoring its commitment to regulatory standards and user protection.

The campaign forms part of OKX’s global roadmap, using major sports partnerships to increase market share, deepen engagement, and expand its presence across Europe’s growing crypto landscape. In a parallel move to broaden its global reach, OKX also announced its integration with the Global Dollar Network, enabling support for the USDG stablecoin. The integration disclosed on July 14 offers OKX’s 60 million users across 180 countries direct access to a fully backed digital dollar, further expanding USDG’s presence.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Tags: McLaren F1OKX
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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