Recently some big news has came up from the crypto community of a big deal happening between a crypto website and the Staples Center which is located in Los Angeles California. The Staples Center has been the same stadium for over 20 years until now; this stadium would be used for a multi-purpose of things but something interesting this week will be changing everything!

In bigger news the crypto website called Crypto.com is now taking over the Staples Center meaning they are renaming it due to some recent events that had happened. Pretty much Crypto.com the head leader Kris Marszalek announced over their social media pages and on their website that they are renaming Staples Center to Crypto.com. Kris says this has been something he has always wanted to do; if he could pick something to put his name on it would be the Staples Center. However the bigger question is how much is the deal going to be worth and what will this do for Crypto.com?

Crypto.com ended up disclosing they made the deal for 700 million dollars with the big heads of the Staples Center and apparently this big deal could actually bring a big name to Crypto.com and; it could also be a big profit of return for the fine gentleman Kris Marszalek and for Crypto.com. In other words from the Staples Center Kris could be seeing more than 700 million back in his pockets within the next 20 years or less. It's more depending on how well this deal goes for him, including how well the Crypto market continues to grow and of course how well Crypto.com keeps growing for him too. However only time will tell on this one. A lot of rumors have been made already about this being made into a crypto mining place, possibly the new headquarters for Crypto.com or maybe even an Esports gaming lair but; these are all silly assumptions. This is because Crypto.com can't really choose what is aloud to happened within the Staples Center they only have their name labeled on it. However many articles including from Crypto.com have claimed the main reason for buying this was the fact they like sports and possibly with this happening sports bets may start being approved for Crypto meaning you can bet on games with cryptocurrencies with in the near future at the Staples Center and possibly worldwide. However for now we will have to wait and see what happens with this.