NFT Domain Provider Unstoppable Domains Reaches Unicorn Status

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Decentralized Domain Registrar Unstoppable Domains has completed a $65 million Series A funding round which has helped the company achieve unicorn status with a valuation of $1 billion.

The funding round has been led by venture capital firm Pantera Capital and has also seen the participation of Alchemy Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko and others.

The company has reported it will used the funds to stimulate product innovation and expand partnerships in the Web3 field.

Each domain provided by the startup name is a non-fungible token issued on the Polygon network.