Lakers’ Staples Center to be renamed in reported $700 mn deal

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Relaxnews

The Los Angeles Lakers’ famed home, the Staples Center, is to be renamed next month in a deal worth a reported $700 million with Singapore-based cryptocurrency platform Crypto.com, a statement said Tuesday. As of Christmas Day, the venue will be known as the Crypto.com Arena, a Staples Center statement said. It is the first time the 20,000-seat venue has undergone a name change since it opened in 1999. Crypto.com is a company dedicated to promoting the use of cryptocurrencies such as bitcoin on a wider scale.¬† The company’s chief executive, Kris Marszalek, told the Financial Times the Staples …

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