LA’s Staples Center renamed Crypto.com Arena in $700m deal

Los Angeles’ famous Staples Center has been renamed Crypto.com Arena through a new 20-year naming rights deal. The long-term agreement between venue owner AEG and the Singapore-based cryptocurrency platform is reportedly worth $700m. Crypto.com becomes the official cryptocurrency platform partner of the venue’s tenants, the NBA’s Los Angeles Lakers and NH’s LA Kings. The 20,000-seat …