Freename, a leading domain registrar bridging DNS and Blockchain technologies, announced the closing of a $6.5 million Series A funding round. The new capital will drive product innovation, expand Freename’s global adoption, further unify Web2 and Web3 digital identity ecosystems and enable not just traditional IP addresses but also wallet addresses in a regulated manner. The round was led by Entrée Capital with participation from Polymorphic Capital, as well as supported from the seed investors Sparkle Ventures, Blockchain Founders Fund and Golden Record Ventures. Notable new angel investors joined the round, including Mike Lobanov (Co-Founder of Target Global), Rashwan family office and Aaron Schnarch (former CEO of Coinbase Custody). With almost six billion people on the internet, and up to 20% using it for Web3 or decentralized platforms, there is a needs for a bridge between the old and new online worlds. The number of Web3 wallets has already surpassed the total number of registered domain names, and the rapid adoption of blockchain is expected to expand this further over the next decade. Freename is building the technology and infrastructure that fixes issues associated with closing this gap, including mending IP and wallet addresses, resolving collisions and blockchain metadata issues. Freename is redefining the domain space by merging traditional DNS infrastructure with Web3 capabilities, enabling wallets to natively interact with websites, services and digital identities. As decentralized systems become more advanced, Freename offers a new paradigm for domains, where names are not only readable but also programmable, functional and secure across blockchains.
In Web2 the domains are static and they point to servers. In Web3 they become dynamic, pointing to wallets, smart contracts and on-chain reputations. This 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. The company empowers individuals, businesses and communities to create and monetize custom Top-Level Domains (TLDs), opening new revenue streams through second-level domain sales. Its proprietary DNS technology ensures compatibility across major blockchain networks including Polygon, Solana, Base and BNB Chain, while remaining accessible from standard browsers like Chrome and Safari. The key innovations include a collision management system that resolves identical domain names across all major blockchains and Web3 registrars, and a proprietary resolution protocol licensed to traditional DNS providers ensuring seamless interoperability between Web2 and Web3 naming systems. Freename was born from the belief that the new Internet demands are for unified and interoperable identity layer. In just three years, the company has rapidly established itself as a leader in the domain space focusing on a $141 billion Total Addressable Market. It has launched the world’s first on-chain DNS capable of being read by traditional browsers like Safari and Chrome, a major step toward mainstream Web3 adoption. Freename also became the first Web3 domain registrar to obtain an ICANN Registrar License, unlocking the ability to sell traditional domains. By bridging DNS and blockchain, Freename is redefining how digital identities are created, managed and monetized and how the Internet can embrace wallets worldwide.