The Litecoin Foundation in cooperation with Voyager Digital Ltd and Hedge are pleased to announce an agreement with NASCAR driver Landon Cassill to be the first primary sponsorship of a NASCAR race car paid fully in a portfolio of cryptocurrency led by Litecoin (LTC) and the Voyager Token (VGX). The sponsored car is fielded by JD Motorsports and driven by NASCAR driver Landon Cassill during the 2021 NASCAR Xfinity Series.
The vehicle will be driven in 19 NASCAR Xfinity Series races this season across 16 states, the first of which will be on June 19, 2021 at the Tennessee Lottery 250 at the Nashville Superspeedway, broadcast live on NBCSN at 3:30pm ET. Voyager, the primary sponsor, will cover the majority of the race car, with Hedge and the cryptocurrency Litecoin gracing the back ‘TV’ bumper.
“Out of the whole sponsorship, accepting Litecoin is one of my favorite parts. Charlie Lee has been a good friend for several years and helped me understand Litecoin way back when I was mining Litecoin in my basement” Landon Cassill noted “Crypto is changing the game for so many people, and is the reason I’ve accepted this sponsorship 100% in cryptocurrencies”
“For Litecoin (LTC) to be used as payment to sponsor Landon Cassill is exciting and a validation of LTC’s original purpose,” stated Litecoin’s creator and Managing Director of the Litecoin Foundation, Charlie Lee. “Landon has been a strong supporter of Litecoin and cryptocurrencies for a number of years, and this landmark deal shows the growing reach of the Litecoin community into the professional sports world and, eventually, beyond.”
“Landon Cassill’s focus and determination on the race track translates across everything he does, which is why we’re honored to partner with him in this season’s Xfinity Series,” said Steve Ehrlich, CEO of Voyager. “Landon also shares our vision of widespread crypto adoption, and we’re proud to be the first company to secure a primary NASCAR sponsorship completely with crypto. Through innovation, Voyager continues to demonstrate crypto’s multiple use cases, from being a valuable and efficient form of payment, to an investment asset class fuelling a new technology revolution.”
“Being able to be a part of history in this way is exciting for Hedge. Landon is a great representative for the crypto space as a whole, and for him to choose gethedge.io as a way to convert his pay into Litecoin and automatically sent over to his Voyager account is the perfect example of how all these wonderful technologies are able to work together in harmony.” David Schwartz, CEO of Hedge
For the full list of this season’s Xfinity races, visit: https://www.nascar.com/nascar-xfinity-series/2021/schedule/
About Litecoin Foundation: The Litecoin Foundation is a non-profit organization whose mission is to advance Litecoin for the good of society by developing and promoting state-of-the-art blockchain technologies. Registered in Singapore, the Foundation is comprised of full time and volunteer support from around the globe. For more information, visit https://litecoin-foundation.org/
About Hedge: Hedge is a fintech platform run by Cornerstone Global Management, Inc. that allows employees to convert any portion of their payroll in Bitcoin, Litecoin and/or Ethereum at a highly competitive rate, also automatically sending them to the cryptocurrency wallets of their choosing. https://gethedge.io
About Voyager Digital Ltd: Voyager Digital Ltd. is a publicly traded holding company whose subsidiaries operate a crypto-asset platform that provides retail and institutional investors with a seamless solution to trade crypto assets. The Voyager platform provides customers with competitive price execution through its smart order router and a custody solution on a wide choice of popular crypto-assets. Voyager was founded by established Wall Street and Silicon Valley entrepreneurs who teamed to bring a better, more transparent, and cost-efficient alternative for trading crypto-assets to the marketplace. Please visit us at https://www.investvoyager.com for more information.
About Landon Cassill: Landon is an American professional stock car racing driver. He competes full-time in the NASCAR Xfinity Series, driving the Nos. 4 and 6 Chevrolet Camaros for JD Motorsports.