Unstoppable Domains raises $65 million in Series A funding led by Pantera Capital

07/27 11:32

According to The Block, Unstoppable Domains, a firm building out digital identity markers as non-fungible tokens (NFTs), announced Wednesday that it raised $65 million in Series A funding. Pantera Capital led the funding round, with additional investments from Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko and others. Unstoppable Domains, which now has a $1 billion valuation, intends to use the funds to reduce friction of crypto payments between applications and build out infrastructure for a loyalty reward program within the crypto ecosystem based on a user’s reputation.

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