The price of VFX, the network's native token, has jumped by over 69% following the announcement of a second partnership with Crypto.com.
Trump Media also reported $54.1 million in non-cash losses from changes in the fair value of its digital asset holdings and other costs.
The exchange has processed more volume than Coinbase in recent months, according to The Block's data.
A teenage hacker and his accomplice gained access to a Crypto.com employee's account in a previously unreported breach.
Crypto.com is one of the racing organization's longest-term partners, but Coinbase's logo will make its debut on the track this year.