Staples Center Renames to Crypto.com Arena

Staples Center, one of the most popular sports arenas in the world, changed its name for the first time in its history. Crypto.com Arena is changing.

Lakers, Clippers, Kings and sparks Staples Center, which hosts clubs; Within the scope of the agreement with the Singapore-based crypto money exchange Crypto.com, for 20 yearsCrypto.com Arena will be referred to as.

According to the information based on people who are knowledgeable about the subject, Crypto.com has decided to obtain the naming rights of the arena. more than $700 million made the payment. Kris Marszalek, CEO of Crypto.com made with fiat money, not crypto money. stated.

The arena’s new logo will be unveiled on December 25 during the Christmas game between the Lakers and the Brooklyn Nets. Physical changes to the arena are expected in June 2022.

Massachusetts-based Staples, which has held the arena’s naming rights since its opening day in 1999, made in 2009 in exchange for a deal indefinite and AEG, the owner of the arena, acquired these rights in 2019. had bought back.

Crypto.com, which was established in 2016 and is one of the ten largest exchanges in terms of daily trading volume, will also become the official partner of the Los Angeles Lakers and LA Kings within the scope of the agreement.


Image: Staples Center by David Vives, image modified by Koin Bulletin

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