Unstoppable Domains Raises $65M in Series A Led by Pantera Capital

Unstoppable Domains said on Wednesday that it had raised $65 million in Series A funding. Pantera Capital served as the investment round’s lead investor, and additional investors included Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, and OKG Investments. Previous Unstoppable Domains investors reportedly took part in this most recent investment round. 1/ BIG NEWS 🦄🦄🦄 We’re excited to share that we’ve raised $65 million – at a $1 billion valuation – in a Series A led by @PanteraCapital! 🚀 This is a huge milestone for NFT domains and further validation for user-owned digital identity. 🧵👇or blog: https://t.co/PclWefOcK0 pic.twitter.com/jtz5ppyBlt — unstoppable.nft (@unstoppableweb) July 27, 2022 Unstoppable Domains’ $1 Billion Valuation Unstoppable Domains, now valued at $1 billion, plans to use the money to lower the barriers to crypto payments between applications and develop the framework for a user-based loyalty reward system within the crypto ecosystem. Unstoppable Domains will have more than three years to build its product, thanks to this latest funding round. CEO Matthew Gould said, “We are on a mission to create a user-owned and controlled identity for everybody on the planet; we think that NFT domains are going to be the technology that makes this happen,” For a one-time cost, consumers can register domain names through Unstoppable Domains. Then, using Web3 technology, these domains can se...