Compound (.Finance) Raises $8.2 Million

By Elliot Silver

A startup using a .Finance domain name has raised an $8.2 million round of funding from some of the leading venture capital firms, according to TechCrunch. Compound Labs, which can be found by visiting Compound.Finance, was founded in 2017. The VC firms that reportedly invested in Compound include Coinbase’s venture fund, Andreessen Horowitz, Polychain Capital, and Bain Capital Ventures. .Finance is a new gTLD domain name extension operated by Donuts. I think this news is notable for two reasons. The lack of a .com domain name did not stop the company from getting this large funding round. It would seem → Read More

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Source: Domain Investing