UNR Sells 20+ Top Level Domains for More than $40 Million

GRAND CAYMAN, Cayman Islands, May 5, 2021 /PRNewswire/ -- Uni Naming & Registry Services (UNR.com), a leading internet technology and services company, has successfully concluded the largest public sale of Top Level Domains in history. Following its April 28-30 auction event, the company has announced gross receipts of more than $40 million USD for its 20+ TLDs.

Top Level Domains are owned by the largest companies in the world, including Google, Amazon, GoDaddy, and Microsoft. Now they are owned by people and companies like you.  UNR's April auctions mark a watershed moment. Never before have so many TLDs been made publicly available and first-time registry operators now have the opportunity to participate in the democratization of this scarce asset class. More than 250 businesses and individuals signed up to potentially join in this historic event, and ultimately 17 bidders deposited tens of millions in deposits to participate. Neither UNR nor its affiliates bid in the auctions.

Although the identities of the new owners remain confidential at this time, between 10 and 20 bidders came away as winners, including six who will be operating TLDs for the first time. The broad range of winners include established registries, investment firms, blockchain companies, and high net-worth individuals.

In speaking about the outcome of this event, Frank Schilling, Founder of UNR remarked; "All UNR shareholders should be exceptionally pleased with the final outcome of this first-of-its-kind event. We are deeply satisfied to have seen so much new interest and blood enter the arena. The winners today were not just those who walked away with new extensions, but all participants in the naming arena - including the registrants and registrars vending these valuable domains to the public. UNR is especially proud to have been bold enough to help make this type of event a possibility for the entrepreneurs and dreamers of tomorrow. We are excited to introduce so many new operators to the domain industry and help them further develop their TLDs with our class-leading technology and software." 

The move to sell its Top Level Domain portfolio allows UNR to focus on its growing registry services division and IP rights protection technology, which already supports numerous third-party gTLDs and ccTLDs. Registry operators and .Brands interested in receiving a proposal for UNR's "Registry in a Box" service, or joining the company's upcoming UnifiedBlock protection product, should contact [email protected].

SOURCE Uni Naming & Registry

Related Links

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