Back to the Los Angeles Lakers Newsfeed

Crypto.com Arena: A Landmark of Sports History and Cryptocurrency’s Mainstream Leap

Related Topics: Crypto.com Arena

The rebranding of Los Angeles’ iconic Staples Center to Crypto.com Arena in 2021 marked a significant milestone in the mainstream acceptance of cryptocurrency and blockchain technology. This high-profile naming rights deal brought unprecedented attention to the crypto industry at a time when the Ethereum price was at an all-time high and Bitcoin was rising. It signaled a shift in how traditional sports and entertainment venues align with emerging financial technologies.

Contents

Staples Center HistoryThe Crypto.com DealImpact and SignificanceCautionary Tale: FTX ArenaMemorial Statues

Staples Center History

Staples Center opened its doors in downtown Los Angeles on October 17, 1999.