Unstoppable Domains has secured $65.0 million in new investment capital from investors. The funding round will support the company's ongoing development in digital identity and domain infrastructure. Founded in 2018, Unstoppable Domains operates at the intersection of traditional DNS and onchain naming, providing a platform for user-controlled digital identities.
The company is an ICANN-accredited registrar that has facilitated over 4.7 million domain registrations. These include both conventional DNS extensions such as .com and .xyz, alongside Web3-native extensions like .crypto and .nft. A key aspect of Unstoppable Domains' offering is that these domains are fully owned by the user, controlled directly, and live onchain, providing a decentralized approach to digital identity.
Unstoppable Domains enables users to register both DNS and Web3 domains directly. The platform also allows for the tokenization of supported DNS domains, enhancing their portability onchain, and supports aftermarket trading through an integrated peer-to-peer marketplace. This functionality provides new liquidity pathways for domain investors and portfolio owners, allowing them to list or sell domains with low commissions, utilize lease-to-own options, and benefit from transfer automation.
This capital infusion is significant for Unstoppable Domains as it plans to use the funds to accelerate its growth initiatives and further enhance its platform capabilities. The investment underscores confidence in the company's vision for a future where digital identities are user-owned and seamlessly integrated across various online environments.
Looking ahead, Unstoppable Domains aims to continue expanding its infrastructure and services, reinforcing its commitment to empowering individuals with greater control over their digital presence and fostering innovation in the evolving landscape of decentralized identity.
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