Freename, a prominent domain registrar at the intersection of DNS and blockchain technologies, has announced the successful closing of a $6.5 million Series A funding round. The investment will be used to accelerate product development, support global expansion, and further integrate Web2 and Web3 digital identity ecosystems — enabling regulated support for both IP and wallet addresses.
The round was led by Entrée Capital, with additional participation from Polymorphic Capital. Continued backing came from seed investors including Sparkle Ventures, Blockchain Founders Fund, and Golden Record Ventures. Notable 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 internet users — up to 30% engaging in Web3 or decentralized activities—the need for connectivity between traditional and blockchain-based digital spaces is growing. Web3 wallets now outnumber registered domain names, and ongoing blockchain adoption is poised to widen this gap. Freename is building infrastructure to address these challenges, including unifying IP and wallet addresses and resolving domain collisions and metadata inconsistencies across blockchains.
Freename is transforming the domain landscape by integrating DNS architecture with Web3 functionalities, allowing wallets to interact directly with websites, applications, and digital identities. As decentralized systems become increasingly central to the internet’s evolution, Freename offers a next-generation domain paradigm where names are not only accessible but also programmable, interoperable, and secure across chains.
“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,” said Davide Vicini, CEO and Co-Founder of Freename. “Freename is building the foundation for a unified Internet, where owning a domain means owning your online identity across both traditional and decentralized infrastructures.”
Freename enables individuals, enterprises, and communities to launch and monetize custom Top-Level Domains (TLDs), opening new monetization channels through second-level domain sales. The registrar’s proprietary DNS system ensures functionality across major blockchain networks, including Polygon, Solana, Base, and BNB Chain, while remaining fully compatible with mainstream browsers such as Chrome and Safari.
Among Freename’s technological milestones are a collision management system to resolve identical domain names across Web3 ecosystems and a proprietary resolution protocol licensed to traditional DNS providers — creating seamless operability between Web2 and Web3 naming systems.
“Freename was born from the belief that the next era of the Internet demands a unified, interoperable identity layer,” added Mattia Martone, COO and Co-Founder of Freename. “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.”
Over the past three years, Freename has gained significant traction in the domain space, targeting a $141 billion Total Addressable Market. Among key achievements is the launch of the world’s first on-chain DNS readable by standard browsers, advancing mainstream Web3 accessibility. Freename also became the first Web3 domain registrar to receive an ICANN Registrar License — enabling the sale of traditional domain names alongside decentralized ones.