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Crypto.com was Acquired for $12 Million

The $70 million buyer of AI.com was Kris Marszalek, Founder of Crypto.com. Following the news of the record-breaking domain name acquisition and its Super Bowl commercial, Marszalek has been spending time discussing the AI.com acquisition and his plans for AI.com.

James Booth reposted a video interview that was conducted by TBPN. In it, Marszalek was asked what he spent to acquire the Crypto.com domain name. Marszalek disclosed that Crypto.com cost $12 million to acquire. It was, reportedly about 1/3 of the company’s capital. Marszalek noted the acquisition also made in the middle of the 2018 cryptocurrency “bear market.”

In 2018, TechCrunch reported on the sale of the Crypto.com domain name without the acquisition price. At that time, Crypto.com was known as Monaco, until the company announced its rebrand shortly after the Crypto.com acquisition.

I added the $12 million sale of Crypto.com to the list of recent one word .com domain name sales. Once the sale is indexed by NameBio, it will rank in the top 10 publicly reported domain name sales of all time. When it is indexed by DNJournal, it will rank as the largest publicly reported domain name sale for 2018, easily surpassing the $3.5 million sale of Ice.com.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

1 COMMENT

  1. $12 million was what people were saying when it sold, so it would seem the figure was leaked already then.

    NOTE WELL: Even AFTER Crypto.com sold for what was reportedly $12 million, Estibot was STILL “appraising” it (right – “Sure, Jan”) at only $48,000. For quite a long time. I haven’t checked in a while what they are saying lately.

    SOMEONE SHOULD CHECK in case they haven’t had time to scramble and give a reasonable figure instead of what they did for so long, in case they never “revised” that. I would myself but they may be blocking VPN as they have before.

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