Crypto.com's CRO token soars after Hong Kong company signs biggest partnership yet, renaming LA's Staples Center

The Crypto.com Coin has surged to a new all-time high after the Hong Kong company behind the token bought the naming rights to the Staples Center, the arena where the Los Angeles Lakers and Kings play basketball. The CRO token surged 37.9 per cent to US56.8c, and had earlier traded as high as 57.8c, following the announcement of the US$700 million, 20-year deal. The token is currently the No. 16 by market capitalisation, according to Coingecko. We're extremely proud to announce that Staples Center, Los Angeles' most iconic arena is getting a new name: Arena As part of this 20…