Web3 domain registrar Freename has completed a $6.5 million Series A funding round, led by Entrée Capital
BlockBeats News, July 24th, Web3 domain registrar Freename announced the completion of a $6.5 million Series A funding round. This round of funding was led by Entrée Capital, with participation from Polymorphic Capital, as well as its seed round investors Sparkle Ventures, Blockchain Founders Fund, and Golden Record Ventures. Additionally, new angel investors joined, including Target Global co-founder Mike Lobanov, the Rashwan Family Office, and former CEO of Coinbase Custody Aaron Schnarch.
The company focuses on bridging the traditional DNS with the blockchain domain system. Freename's core technology includes a cross-chain domain conflict management system, supporting multiple-chain domain resolution such as Polygon and Solana, while remaining compatible with traditional browsers. Its innovative solution allows users to create custom top-level domains and profit through subdomain sales. The funds will be used for product development and global market expansion.
You may also like

What Happened in Crypto Today? Solana-Native Rails Launch on Digitap ($TAP) as the Best Crypto to Buy
Key Takeaways Digitap ($TAP) spearheads the transition toward real-world utility in cryptocurrency, offering a seamless financial ecosystem through…

Gov-Backed Asset or Solana Meme? Uncovering the Reality Behind the USOR Crypto Frenzy
Key Takeaways USOR, a Solana token, sparked a debate over its legitimacy by claiming associations with U.S. strategic…

Mantle’s Cross-Chain Era on Solana: Onboarding the Bybit Express to Mantle Super Portal
Key Takeaways Bybit joins forces with Mantle to enhance cross-chain asset flows through the Mantle Super Portal. Mantle…

$30 Million Heist: Step Finance Treasury Wallets Breached
Key Takeaways Step Finance, a prominent Solana-based DeFi platform, faced a significant security breach, losing approximately $30 million…

Bitcoin Price Prediction: $50B Volume Drops 40% as BTC Tests $83K – Is a Breakdown Next?
Key Takeaways: Bitcoin’s trading volume has seen a significant decline, indicating cautious trader behavior. Bitcoin prices remain under…

US Court Sentences Chinese National to Nearly Four Years for $37M Crypto Fraud
Key Takeaways Jingliang Su, a Chinese national, received a nearly four-year prison sentence for laundering over $36.9 million…

JPMorgan’s Dimon Tells Coinbase’s Armstrong to Stop “Lying” About Crypto Bill
Key Takeaways: JPMorgan Chase CEO Jamie Dimon accused Coinbase CEO Brian Armstrong of misrepresenting banks’ role in opposing…

CZ Pushes Back on Claims Binance Triggered Historic $19B Crypto Liquidations
Key Takeaways: Changpeng Zhao, known as CZ, denies that Binance played a pivotal role in the $19 billion…

Crypto Price Prediction Today: 30 January For XRP, Solana, Bitcoin
Key Takeaways: Bitcoin has dropped below $82,000, raising concerns about its next potential support at $74,000. XRP has…

Coinbase Insider Trading Lawsuit Moves Forward Despite $2.9B Stock Sale Defense
Key Takeaways A Delaware court has allowed a shareholder lawsuit against Coinbase directors for alleged insider trading to…

We Hacked This New Chinese AI to Predict the Price of XRP, Solana, and Shiba Inu by the End of 2026
Key Takeaways Alibaba’s KIMI AI offers ambitious projections for XRP, Solana, and Shiba Inu, suggesting potential all-time highs…

Bitcoin Price Prediction: $1.875 Billion Withdrawn Indicating Potential Breakdown
Key Takeaways: Substantial outflows of $1.875 billion from US Bitcoin spot ETFs have been recorded, hinting at institutional…

Aster Price Prediction: ASTER Defends $0.60 Support as Bulls Eye $0.74 MA
Key Takeaways Aster’s price is holding firmly at the $0.60 support level despite overall market declines. A breakout…

Brazil’s Nubank Secures OCC Conditional Approval for U.S. National Bank – Potential Crypto Custody Ahead?
Key Takeaways Nubank has received conditional approval from the U.S. OCC to establish a national bank, with potential…

Solana Price Prediction: Millions Flow Into SOL ETFs Despite Price Dip – What Do These Investors Know?
Institutional interest remains strong with $9 million inflowed into Solana ETFs recently, despite a decline in token price.…

qLabs Fires First Shot in Quantum Crypto Race — Can Coinbase Catch Up?
Key Takeaways The rise of quantum computing poses significant security risks to traditional blockchain systems reliant on elliptic…

Hong Kong-Based OSL Group Launches $200M Equity Raise for Stablecoin and Payments Expansion
Key Takeaways OSL Group, a prominent digital asset platform in Asia, has initiated a significant $200 million equity…

Central Bank of the UAE Endorses First USD-Backed Stablecoin
Key Takeaways The UAE Central Bank has endorsed the first US dollar-backed stablecoin, USDU, to streamline compliant settlements…
What Happened in Crypto Today? Solana-Native Rails Launch on Digitap ($TAP) as the Best Crypto to Buy
Key Takeaways Digitap ($TAP) spearheads the transition toward real-world utility in cryptocurrency, offering a seamless financial ecosystem through…
Gov-Backed Asset or Solana Meme? Uncovering the Reality Behind the USOR Crypto Frenzy
Key Takeaways USOR, a Solana token, sparked a debate over its legitimacy by claiming associations with U.S. strategic…
Mantle’s Cross-Chain Era on Solana: Onboarding the Bybit Express to Mantle Super Portal
Key Takeaways Bybit joins forces with Mantle to enhance cross-chain asset flows through the Mantle Super Portal. Mantle…
$30 Million Heist: Step Finance Treasury Wallets Breached
Key Takeaways Step Finance, a prominent Solana-based DeFi platform, faced a significant security breach, losing approximately $30 million…
Bitcoin Price Prediction: $50B Volume Drops 40% as BTC Tests $83K – Is a Breakdown Next?
Key Takeaways: Bitcoin’s trading volume has seen a significant decline, indicating cautious trader behavior. Bitcoin prices remain under…
US Court Sentences Chinese National to Nearly Four Years for $37M Crypto Fraud
Key Takeaways Jingliang Su, a Chinese national, received a nearly four-year prison sentence for laundering over $36.9 million…