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Crypto.com to Donate $1 Million to After-School All-Stars in Collaboration With the LA Kings and the Kings Care Foundation

Business

Crypto.com to Donate $1 Million to After-School All-Stars in Collaboration With the LA Kings and the Kings Care Foundation
Business

Business

Crypto.com to Donate $1 Million to After-School All-Stars in Collaboration With the LA Kings and the Kings Care Foundation

2026-03-03 01:00 Last Updated At:13:50

LOS ANGELES--(BUSINESS WIRE)--Mar 2, 2026--

Crypto.com today announced that it will donate $1 million to After-School All-Stars as part of its partnership with the LA Kings and the Kings Care Foundation (the award-winning charitable arm of the team), reinforcing a shared commitment to youth development and community impact. The donation will take place during an on-ice ceremony at the Kings’ March 2 game against the Colorado Avalanche presented by Crypto.com at Crypto.com Arena. The ceremony will be attended by Luc Robitaille, President of the Los Angeles Kings as well as other senior officials of the team, Crypto.com and After-School All-Stars, including After-School All-Stars Founder and former Governor of California, Arnold Schwarzenegger.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260302376888/en/

This initiative reflects a joint effort between Crypto.com and the LA Kings to leverage the power of sport and community platforms to expand access to educational programming nationwide.

After-School All-Stars is a national nonprofit organization that provides free, comprehensive after-school and summer programs, as well as support services for students and their families. Since its founding in 1992, After-School All-Stars has grown to more than 18 chapters with 740 school-year sites and summer camps in 80 cities across the country, reaching nearly 150,000 students each year. The donation from Crypto.com will provide critical funding to expand After-School All-Stars programming across its chapters nationwide.

“After-School All-Stars is doing vital work to expand opportunity for young people during the hours when support matters most,” said Matt David, President of North America and Chief Corporate Affairs Officer of Crypto.com. “At Crypto.com, we believe strongly in investing in our communities and this donation reflects our commitment to helping empower students to learn, grow, and thrive. We are proud to extend our partnership with the LA Kings, the Kings Care Foundation by supporting After-School All-Stars and the meaningful impact they deliver for families across the country.”

“I founded After-School All-Stars because every kid deserves a real chance to succeed, no excuses,” said Arnold Schwarzenegger. “When you give students mentorship, and opportunity, they rise to the challenge. I believe in results. With partners like Crypto.com stepping up, we can reach more students, open more doors, and build stronger communities across America.”

“When you invest in our students, you invest in their futures, and change lives,” said Andrea Bazán, President of After-School All-Stars. “We are thrilled and grateful for this outstanding support from Crypto.com, the LA Kings and the Kings Care Foundation, which will go a long way to enrich our programs across Los Angeles and our national network.”

“The LA Kings are proud to partner with After-School All-Stars, to reinforce a shared commitment to empowering young people and creating meaningful opportunities for them to learn, grow, and succeed,” said Luc Robitaille, President of the Los Angeles Kings. “We are deeply committed to giving back to our community, and we believe investing in youth development is one of the most impactful ways we can help build a stronger future for Los Angeles.”

In celebration of the donation, Crypto.com and the Kings Care Foundation will also host a group of After-School All-Stars Los Angeles students at Crypto.com Arena for the March 2 game. Fans will also see After-School All-Stars participants in a drumline performance outside of the Crypto.com Arena entrances ahead of the game, as well as on Zamboni rides during the game. Additional Crypto.com fan activations at the arena will include a Road Trip Sweepstakes and Lucky Row promotions, rewarding fans in attendance.

About Crypto.com

Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.

Learn more at https://crypto.com.

About After-School All-Stars

After-School All-Stars (ASAS) provides free, comprehensive after-school and summer enrichment programs that keep students safe, engaged, and on track to succeed in school and life. Founded by Arnold Schwarzenegger in 1992, ASAS partners with schools and communities to deliver year-round enrichment programming at more than 750 schools and community sites across 77 cities nationwide.

Serving nearly 150,000 students annually — including more than 25,000 students in Los Angeles alone — in communities with limited access to opportunity, ASAS combines high-quality mentoring, hands-on learning, and leadership development to strengthen academic achievement, build social-emotional skills, and inspire confidence in the next generation.

Learn more at www.afterschoolallstars.org.

About the LA Kings

The LA Kings have enjoyed a rich history of excitement, passion, and championship glory in Southern California while demonstrating the utmost commitment to their fans, partners, and community. Owned and operated by AEG, the Kings began play in 1967 and now play at world-famous Crypto.com Arena in Downtown Los Angeles. Since our inception we have strived to be the ultimate leader as it relates to employing many of the greatest players in National Hockey League history, and hosting and participating in incredible events highlighted by two Stanley Cup Championships.

About AEG

Headquartered in Los Angeles, California, AEG is the world’s leading sports and live entertainment company. The company operates in the following business segments:

Through its worldwide network of venues, portfolio of powerful sports and music brands and its integrated entertainment districts, AEG entertains more than 90 million guests annually. More information about AEG can be found at www.aegworldwide.com.

Crypto.com to Donate $1 Million to After-School All-Stars in Collaboration With the LA Kings and the Kings Care Foundation

Crypto.com to Donate $1 Million to After-School All-Stars in Collaboration With the LA Kings and the Kings Care Foundation

DUBAI, United Arab Emirates (AP) — The U.S. State Department on Tuesday ordered the evacuation of non-emergency personnel and family in Bahrain and Jordan.

The State Department announcement online said the decision came “due to safety risks.”

The State Department has urged Americans across the Mideast to leave over the ongoing war with Iran.

The U.S. Embassy in Saudi Arabia has acknowledged coming under attack from Iranian drones Tuesday and urged Americans to avoid the diplomatic post for the time being.

The Saudi Defense Ministry earlier Tuesday said the embassy was attacked by two drones.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

DUBAI, United Arab Emirates (AP) — Iran hit the U.S. Embassy in Saudi Arabia’s capital with a drone strike early Tuesday as it kept striking targets around the region, while the United States and Israel pounded Iran with airstrikes in what U.S. President Donald Trump suggested was just the start of a relentless campaign that could last more than a month.

The attack from two drones on the U.S. Embassy in Riyadh caused a “limited fire” and minor damage, according to Saudi Arabia’s Defense Ministry, which did not release further details. It follows an attack the day before on the U.S. Embassy in Kuwait.

The expansion of Iranian retaliation across the Gulf and the intensity of the Israeli and American attacks, the killing of Iranian Supreme Leader Ayatollah Ali Khamenei and the lack of any apparent exit plan portend a possible prolonged conflict with far-reaching consequences.

Many countries deemed safe havens in the Mideast have been hit by Iran in retaliation for the U.S. and Israeli strikes, with recent targets including two Amazon data centers in the United Arab Emirates and a drone impact near another in Bahrain that caused damage, the company said Tuesday. Iran has also hit energy facilities in Qatar and Saudi Arabia, and attacked several ships Strait of Hormuz, the narrow mouth of the Persian Gulf through which a fifth of all oil traded passes, sending global oil and natural gas prices soaring.

The U.S. State Department urged U.S. citizens to leave more than a dozen Middle Eastern countries due to safety risks, as have many other countries, though with much of the airspace closed many remain stranded.

Trump said operations are likely to last four to five weeks but that he was prepared “to go far longer than that.”

“The hardest hits are yet to come from the U.S. military,” Secretary of State Marco Rubio told reporters before briefing members of Congress about the Iran operation.

The Iranian Red Crescent Society said the U.S.-Israeli operation has killed at least 555 people. In Israel, where several locations were hit by Iranian missiles, 11 people were killed. Israel’s retaliatory strikes against Hezbollah killed dozens of people in Lebanon.

“Military escalation would force more families from their homes and hit civilians hard,” said Amy Pope, director general of the International Organization on Migration as she called Tuesday for the international community to press for de-escalation.

“Millions are already displaced in the region,” she said.

The U.S. military has confirmed six deaths of American service members. All six were Army soldiers and part of the same logistics unit in Kuwait, according to a U.S. official who was not authorized to comment publicly and spoke on condition of anonymity.

Three people were reported killed in the United Arab Emirates, and one each in Kuwait and Bahrain.

Iran’s top diplomat on Monday shared a photo showing graves he said were for more than 160 girls killed during a U.S.-Israeli strike on a school in Minab. “Their bodies were torn to shreds,” Abbas Araghchi, the country’s foreign minister, said on X.

In Israel, three young siblings killed by an Iranian strike were being laid to rest at the Mount of Olives in Jerusalem on Monday night.

The chaos of the conflict became apparent when the U.S. military said Kuwait had “mistakenly shot down” three American fighter jets while Iran was attacking it with aircraft, ballistic missiles and drones. U.S. Central Command said all six pilots ejected safely.

Iranian state TV said strikes caused two explosions early Tuesday at a broadcasting facility in Tehran, but said no one was injured.

Reza Najafi, Iran’s ambassador to the International Atomic Energy Agency, told reporters that airstrikes targeted the Natanz nuclear enrichment site on Sunday.

“Their justification that Iran wants to develop nuclear weapons is simply a big lie,” he said.

Israel and the U.S. have not acknowledged strikes at the site, which the U.S. bombed in the 12-day war between Iran and Israel in June. Israel has said it is targeting the “leadership and nuclear infrastructure.”

Trump said the military campaign’s objectives are to destroy Iran’s missile capabilities, wipe out its navy, prevent it from obtaining a nuclear weapon and ensure that it cannot continue to support allied groups like Lebanon’s Hezbollah, which fired missiles at Israel on Monday.

Iran has said it has not enriched uranium since June, though it has maintained its right to do so and says its nuclear program is peaceful.

Israeli Prime Minister Benjamin Netanyahu maintained, however, that Iran was rebuilding “new sites, new places” underground for making atomic bombs in an interview broadcast late Monday on Fox News Channel’s Hannity.

“We had to take the action now and we did,” said Netanyahu, who offered no evidence to support his claim.

Satellite photos analyzed by The Associated Press showed limited activity at two nuclear sites in Iran before the war. Analysts said Tehran was likely assessing damage from the 2025 U.S. strikes and possibly salvaging what remained.

The conflict has also spread to Lebanon, where the Iranian-supported militant group Hezbollah fired missiles at Israel on Monday, though there were no reports of injuries or damage.

Israel retaliated with strikes on Lebanon. The country’s Health Ministry reported at least 52 people were killed and 154 wounded in overnight strikes in the Beirut suburbs and southern Lebanon.

An Israeli military spokesman, Brig. Gen. Effie Defrin, said Israel is keeping “all options on the table,” including a potential ground invasion of Lebanon.

Israel hit Beirut with more airstrikes early Tuesday morning, saying it was targeting “Hezbollah command centers and weapons storage facilities.”

Hezbollah also said it launched drones targeting an Israeli air base. The Israeli military said it downed two drones.

An Iranian-linked militant in Iraq has also claimed strikes on U.S. military facilities.

Melanie Lidman in Tel Aviv, Israel, Hallie Golden in Seattle, Washington and Giovanna Dell'Orto in Miami contributed to this report. Rising reported from Bangkok and Magdy from Cairo.

Smoke rises from Israeli airstrikes in Dahiyeh, a southern suburb of Beirut, Lebanon, early Tuesday, March 3, 2026. (AP Photo/Bilal Hussein)

Smoke rises from Israeli airstrikes in Dahiyeh, a southern suburb of Beirut, Lebanon, early Tuesday, March 3, 2026. (AP Photo/Bilal Hussein)

This image provided by U.S. Central Command shows a F-35C Lightning II preparing for launch on the flight deck of the USS Abraham Lincoln (CVN 72) in support of Operation Epic Fury on Monday, March 2, 2026. (U.S. Navy via AP)

This image provided by U.S. Central Command shows a F-35C Lightning II preparing for launch on the flight deck of the USS Abraham Lincoln (CVN 72) in support of Operation Epic Fury on Monday, March 2, 2026. (U.S. Navy via AP)

Mourners take cover while air-raid sirens warn of incoming missiles launched by Iran toward Israel during the funeral of Sarah Elimelech and her daughter Ronit who were killed in an Iranian missile attack, in Beit Shemesh, Israel, Monday, March 2, 2026. (AP Photo/Ohad Zwigenberg)

Mourners take cover while air-raid sirens warn of incoming missiles launched by Iran toward Israel during the funeral of Sarah Elimelech and her daughter Ronit who were killed in an Iranian missile attack, in Beit Shemesh, Israel, Monday, March 2, 2026. (AP Photo/Ohad Zwigenberg)

A worker instals a billboard on an overpass containing a portrait of the late Iranian Supreme Leader Ayatollah Ali Khamenei, who was killed during the ongoing joint U.S.-Israeli military campaign, in Tehran, Iran, Monday, March 2, 2026. (AP Photo/Vahid Salemi)

A worker instals a billboard on an overpass containing a portrait of the late Iranian Supreme Leader Ayatollah Ali Khamenei, who was killed during the ongoing joint U.S.-Israeli military campaign, in Tehran, Iran, Monday, March 2, 2026. (AP Photo/Vahid Salemi)

Smoke engulfs a street after a strike in Tehran, Iran, Monday, March 2, 2026. (AP Photo/Mohsen Ganji)

Smoke engulfs a street after a strike in Tehran, Iran, Monday, March 2, 2026. (AP Photo/Mohsen Ganji)

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