Unstoppable Domains Hits $1B Valuation After $65M Funding Round

Unstoppable Domains has secured a $1 billion valuation after a new funding round led by Pantera Capital.

The project offers NFT domains, which are human-readable usernames that can be used as website URLs and payment addresses for wallets.

With the fresh capital, Unstoppable Domains plans to fuel product innovation and grow its partnerships in the Web3 space.

Pantera Capital's partner Paul Veradittakit was optimistic about the platform's future prospects, stating that it is 'rapidly defining a new category of decentralized identity that will change the internet as we know it.'