Crypto.com

Crypto.com is a Singapore-based company that operates a cryptocurrency exchange app. The exchange currently has 10 million users and 3,000 employees.[1][2]

Crypto.com
FoundedJune 2016 (2016-06)
FoundersBobby Bao
Gary Or
Kris Marszalek
Rafael Melo
Headquarters
111 North Bridge Road #08-19 Pennisula Plaza 179098
,
ProductsCryptocurrency exchange, cryptocurrencies
Websitewww.crypto.com

History

The company was initially founded by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo in 2016 as "Monaco". It is a trademark of Foris DAX Asia Pte. Ltd, a subsidiary of Foris DAX MT (Malta) Limited.

In 2021, the company purchased the naming rights to Staples Center in Los Angeles, paying a reported $700 million to change the name to Crypto.com Arena for 20 years.[3] The name change takes effect on December 25, 2021.[4] Crypto.com also has notable sponsorship deals with Formula One, Serie A, the UFC, Paris Saint-Germain F.C., the Philadelphia 76ers,[5] the Montreal Canadiens,[3] and signed Hollywood Star Matt Damon as brand ambassador.[6]

Domain

The domain crypto.com was registered in 1993 by cryptography researcher and professor Matt Blaze. The highly-sought after domain name Crypto.com sold for an undisclosed sum to cryptocurrency company Monaco in 2018.

References

  1. Dean, Sam (November 16, 2021). "Goodbye, Staples Center. Hello, Crypto.com Arena". Los Angeles Times. Retrieved November 17, 2021.
  2. Russell, Jon (5 July 2018). "Crypto Visa card company Monaco just spent millions to buy Crypto.com". TechCrunch.
  3. "Staples Center to become Crypto.com Arena in reported $700 million naming rights deal". ESPN. November 16, 2021. Retrieved November 17, 2021.
  4. Hirtenstein, Anna (November 17, 2021). "Staples Center in L.A. to Be Renamed Crypto.com Arena". Wall Street Journal. Retrieved November 18, 2021.
  5. Rosen, Lauren (September 21, 2021). "76ers, Crypto.com Announce Jersey Patch Partnership". Sixers.com (Press release). NBA Media Ventures, LLC. Retrieved September 23, 2021.
  6. Bhasin, Kim (October 28, 2021). "Matt Damon is the Face of Crypto.com". Bloomberg.
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