Crypto.com purchases naming rights to iconic ‘Staples Center’ for $700 million

CNBC Television published this video item, entitled “Crypto.com purchases naming rights to iconic ‘Staples Center’ for $700 million” – below is their description.

Kris Marszalek, Crypto.com CEO, joins ‘TechCheck’ to discuss the company’s purchase of the naming rights to the outgoing ‘Staples’ Center, which will be named Crypto.com Arena on December 25. Marszalek explores the overall cryptocurrency space and where he sees its future heading.

CNBC Television YouTube Channel

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In This Story: Crypto.com

Crypto.com Coin was launched by the Crypto.com company as part of its vision of “putting cryptocurrency in every wallet.” Crypto.com itself was founded in June 2016 as “Monaco Technologies GmbH” by Kris Marszalek, Rafael Melo, Gary Or and Bobby Bao.

Crypto.com Coin (CRO) is the native cryptocurrency token of Crypto.com Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.

CRO went live in November-December 2018.

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