Crypto.com’s Staples Center Naming Purchase Causes Huge Surge In Token

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Crypto.com’s Staples Center Naming Purchase Causes Huge Surge In Token
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The coin’s value has risen 69.9% over the last seven days as of this afternoon:

Sunday that the $9 billion market capitalization increase for the company means the deal paid for itself “~13x over,” though she clarified it is “difficult to untangle token distribution and who benefited.”to Coinbase.Crypto.

com, a Singapore-based cryptocurrency exchange, purchased the naming rights to the arena from its owner Anschutz Entertainment Group , which“This is just such a brilliant move from the guys at AEG, because the next decade belongs to crypto,” Crypto.com Chief Executive Kris Marszalek told thelast week. “And this positions L.A. and this particular venue right at the center of it.”

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