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Lakers’ Staples Centre will be renamed ‘Crypto.com Arena’ after an agreement with Crypto.com, a Singapore-based crypto firm. According to an official statement, the Staples Center that hosts the Los Angeles Lakers had a $700 million deal with Crypto.com.

Crypto.com and AEG, a leading sports and entertainment company, renamed the Staples Center per an announcement by Crypto.com. The venue, one of the well-recognized sports and entertainment centers worldwide, is managed and owned by AEG. From December 25, the sporting venue will become Crypto.com Arena. The renaming would become effective on Christmas day, but Crypto.com would change the venue’s signage in June 2022.

Crypto.com To Partner with Lakers/Kings

The authorization of a new naming rights agreement for the well-known Los Angeles venue will help build the future of the Creative Capital of the Sports and Entertainment World.

The Staples Center is known as the home of the Los Angeles Clippers and Lakers. It is also the home of the Los Angeles Sparks of the WNBA. Staple Center is one of the most popular entertainment venues in the U.S alongside New York’s Madison Square Garden.

Crypto.com has become the official crypto platform partner of the Los Angeles Kings and Los Angeles Lakers. All thanks to the new deal. The arena, which features 20,000 seats, has rejuvenated downtown LA.  It has also helped to create the best standard for the industry. It has the best facilities management for premier venues across the world.

Over 240 high-profile events of international and national importance are held in this historic venue every year. Some of the events held in this venue include award ceremonies, concerts, and boxing. Other crucial events include NHL All-Star Games, GRAMMYS, and NNA All-star Games.

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