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Pancake Swap eyeing sponsorship deal with McLaren

Pancake Swap, one of the largest decentralised crypto exchanges in the world, is looking to sign a sponsorship deal with the McLaren Formula 1 Team, according to a report by Crypto Intelligence. The decentralised exchange is at the forefront of decentralised finance (DeFi), and this development comes amid crypto projects collectively spending hundreds of millions of dollars per year on sports sponsorship deal. It is currently unclear how close Pancake Swap are to inking a sponsorship agreement with McLaren, and an estimate of the value of the deal is yet to be provided. READ: Mercedes ‘still don’t understand’ W13 ahead of major upgrades McLaren has had a number of sponsors from the...
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