Digital Identity Startup Unstoppable Domains Secures $65 Million in a Series A Led by Pantera Capital

On Wednesday, the Web3 digital identity platform Unstoppable Domains announced the company has secured $65 million in financing in a Series A funding round led by Pantera Capital. The latest funding gives Unstoppable Domains a post valuation of $1 billion, pushing the blockchain startup up to unicorn status.

Unstoppable Domains Joins the Growing List of Crypto Unicorns, Raising $65 Million

Unstoppable Domains, the company that’s issued more than 2.5 million non-fungible token (NFT) domains, revealed it has closed $65 million in a Series A funding round at a $1 billion valuation. The Series A was bolstered by a number of strategic investors and was led by Pantera Capital.

Investors that participated alongside Pantera Capital include Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, Coindcx, Coingecko, We3 syndicate, Rainfall Capital, Broadhaven, EI Ventures, Hardyaka, and Alt Tab Capital. Previous Unstoppable Domains investors include Boost VC and Draper Associates.

Unstoppable Domains was founded in 2018 and the 2.5 million NFT domains can be used for accessing more than 150 Web3 applications. The NFT domains are meant to replace long alpha-numeric crypto addresses with human-readable names. More than 80 crypto wallet and exchange platforms support the company’s technology. Furthermore, crypto firms like Moonpay, Blockchain.com, and Polygon leverage the digital identity technology crafted by the startup.