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Web3 domain provider Unstoppable Domains raises $65 million, becomes newest crypto unicorn

Web3 domain name provider, Unstoppable Domain has reached a $1 billion valuation after it closed a $65 million series A funding round led by Pantera Capital.
So far, they have registered over 1.4 million domains, including 300,000 NFT domains and 32 wallets with the .Wallet Alliance.
To meet the demand of its 240,000 customers, Unstoppable Domains has secured strategic partnerships with Web3 companies like Polygon, Blockchain.com, MoonPay.
Domain flipping could be a major trend as web3 domain adoption increases.
Meanwhile, Unstoppable Domains (UD) has recently threatened to sue its competitor Gateway.io for running a .wallet domain in the competing Handshake system.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.

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