Reglikedomain industry desk

Ballet.com sells for seven figures

Ballet.com sells for seven figures

Domain broker confirms big transaction.

Screenshot of ballet.com for ballet cryptocurrency firm

A cryptocurrency firm has paid more than $1 million for ballet.com.

Ballet, a maker of a cryptocurrency wallet, uses the domain name balletcrypto.com. It now forwards ballet.com to its existing website.

Reglike has confirmed the transaction with the buyer’s broker, Puneet Agarwal. Agarwal couldn’t disclose the actual price but stated it was greater than $1 million.

Agarwal had trouble tracking down the domain owner, who had registered the domain since 1995, and getting his attention. He eventually sent someone to meet the owner in person, which got the deal done.

Jamie Zoch spotted the transfer a couple of days ago.  James Iles notes that many crypto wallet solutions have purchased one word domains, counting swan.com, exodus.com, and tent.com.

Also on the wire

Other reporting from the domain desk.

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