VC firm buys ‘Sushi.com’ domain name for decentralized exchange SushiSwap
A crypto-focused venture firm has acquired the Sushi.com domain name for SushiSwap, an Ethereum-based decentralized exchange (DEX).
Future Fund shared the news Friday morning in a tweet:
Happy to announce we’ve acquired https://t.co/Hjsm7MOIYY for @sushiswap
A strong domain will greatly increase internet traffic and exposure to the sushi brand for their forthcoming new projects.
2021 will be a big year for $SUSHI pic.twitter.com/NWWkgTldWq
— Future Fund (@FUTURE_FUND_) February 19, 2021
It’s not clear how much Future Fund paid for the domain. A report from DomainGang.com, which tracks domain sale news, reported on February 13 that Sushi.com was previously listed at $1.9 million.
SushiSwap, a fork of Uniswap, is the second-most voluminous DEX built on the Ethereum network. Data from CoinGecko shows SushiSwap with roughly $382 million in 24-hour volume. SushiSwap reported more than $13 billion in monthly volume for January, according to data collected by The Block Research.
© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: Michael McSweeney
