LA’s Staples Center to Unveil New ‘Crypto.com Arena’ Name on Christmas Day

A man wearing a mask skates in front of the Staples Center in downtown Los Angeles, Calif., on May 9, 2020. Apu Gomes/AFP via Getty Images

The downtown Los Angeles Staples Center is getting a new name, stakeholders announced late Tuesday.

The venue, which opened in 1999, will be called Crypto.com Arena for the next 20 years following a deal between the Singapore cryptocurrency exchange and Staples Center owner Anschutz Entertainment Group (AEG).