Freename, a leading domain registrar that integrates DNS and blockchain technologies, has successfully closed a $6.5 million Series A funding round. Led by Entrée Capital, the round also saw participation from Polymorphic Capital and continued support from existing investors like Sparkle Ventures and Blockchain Founders Fund. New angel investors include Mike Lobanov (Co-Founder of Target Global), the Rashwan family office, and Aaron Schnarch (former CEO of Coinbase Custody).
With nearly six billion people online and up to 20% participating in Web3 activities, the need for a connection between traditional and new online ecosystems is growing. Freename addresses this transition by resolving conflicts between IP and wallet addresses, as well as improving blockchain metadata.
By combining traditional DNS with Web3 capabilities, Freename enables seamless interactions among wallets, websites, and digital identities. Users can create and monetize custom Top-Level Domains (TLDs) and access major blockchain networks like Polygon and Solana through standard browsers.
Key innovations include a collision management system for resolving duplicate domain names across blockchains and a proprietary resolution protocol for seamless interoperability between Web2 and Web3.
How the funding will be used: The new capital will drive product innovation, expand Freename’s global footprint, further unify Web2 and Web3 digital identity ecosystems, and enable not just traditional IP addresses but also wallet addresses in a regulated manner.
KEY QUOTES:
“In Web2, domains are static; they point to servers. In Web3, they become dynamic, pointing to wallets, smart contracts, and on-chain reputations. That shift unlocks an entirely new layer of digital identity. Freename is building the foundation for a unified Internet, where owning a domain means owning your online identity across both traditional and decentralized infrastructures.”
Davide Vicini, CEO and Co-Founder of Freename
“Freename is redefining how digital identities are managed and monetized in the Web3 era and in future. Freename’s multi-chain approach and strong regulatory posture makes the company true category leaders. We’re proud to support their next phase of growth. Coupled with their support for existing traditional domains and new products to be released soon, we believe they are the next generation of domain name providers.”
Avi Eyal, Managing Partner at Entrée Capital
“Freename was born from the belief that the next era of the Internet demands a unified, interoperable identity layer. We’re not just creating a new asset class, we’re empowering everyone to participate in building a decentralized Internet where domains act as secure, multi-chain digital passports. This funding accelerates our mission to scale that vision globally.”
Mattia Martone, COO and Co-Founder of Freename