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Staples, the office supply store chain whose name Crypto.com is displacing in Los Angeles, hasn’t fared much better. It signed its naming deal for the venue in 1997 with AEG, the sports and live entertainment company controlled contact cryptocom: by the billionaire Philip F. Anschutz. Its business has since been decimated by the advent of online shopping, http://felixcthw875320.blogrenanda.com/15077406/app-to-buy-bitcoin, and it sold the Staples Center naming rights back to AEG in 2019. "As with all cryptocurrency businesses this year, the market has been phenomenal," he said. He added that Crypto.com’s revenue between April and June was about a quarter of that of Coinbase, a leading cryptocurrency exchange, which generated $2.2 billion in revenue in that period. What’s Crypto.com, which is paying $700 million for the naming rights to the sports venue?

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The new arrangement expands the scope of the historic sponsorship partnership reached earlier this year that provides massive exposure for Crypto.com as UFC’s first-ever global Official Fight Kit Partner. The new deal includes a multi-year licensing agreement for an exclusive http://troyngwk320975.educationalimpactblog.com/32553943/cheapest-crypto, series of UFC NFTs and a revenue share component. In addition, UFC athletes will receive fifty http://cryptocomshibainu.trexgame.net/crypto-top-100, percent of UFC’s revenue from NFT sales. "Central to our partnership with UFC is creating the most unique and compelling ways for fans to connect with the sport and their favorite athletes," said ,Crypto.com Chief Marketing Officer Steven Kalifowitz said. "We are thrilled for this next step in our partnership with UFC and excited to build even more innovative and engaging experiences as our partnership continues."

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