Crypto Firms Pay Massive Fees To Name Arenas, Stadiums

Cryptocurrency companies are being forced to shell out massive premiums in sports sponsorship deals as professional teams weigh the risks of getting burned — like some of them did during the dot-com bubble. Crypto.com, a Singapore-based crypto trading site, reportedly paid $700 million for the naming rights to the Staples Center in Los Angeles for … Continue reading Crypto Firms Pay Massive Fees To Name Arenas, Stadiums