Shima Capital backs domain name startup D3 Global in $5 million round | Headlines | News | CoinMarketCap
09/05/2023 22:54
D3 Global, a startup endeavoring to merge the utility of web3 with existing internet infrastructure, has raised $5 million in a seed funding round …
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Published on September 05, 2023 15:44 GMT+00:00edited on September 05, 2023 15:49 GMT+00:00
D3 Global, a startup endeavoring to merge the utility of web3 with existing internet infrastructure, has raised $5 million in a seed funding round led by Shima Capital with participation from Arthur Hayes' Maelstrom, among others.
The company said it possesses "patent-pending technology" which can bring added interoperability to both web2 and web3 versions of the internet while creating more utility and security. D3 also said it plans to "apply for and acquire new Top Level Domains during ICANN's upcoming application window to offer secure identities that are natively supported on all browsers and devices."
Top Level Domains are mostly managed by ICANN, or the Internet Corporation for Assigned Names and Numbers.
"Our vision extends far beyond the traditional utility of domain names as …