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FinTech news in Unstoppable Domains category

Unstoppable Domains raised Series A round $65M led by Pantera Capital

Pantera Capital led the four year-old startup new financing round with participation from Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko, We3 syndicate, Rainfall Capital, Broadhaven, EI Ventures, Hardyaka, Alt Tab Capital, Boost VC and Draper Associates. Unstoppable Domains, a popular blockchain naming system provider and identity platform, is the latest crypto startup to become a unicorn. Unstoppable Domains allows people to create their username for crypto and build decentralized digital identities. The platform, which includes members who worked at companies such as Amazon’s AWS, Uber and Slack, mints each decentralized domain name as an NFT on the Ethereum blockchain to give the owner broader control and ownership.