Reglikedomain industry desk

$1 million domain name portfolio — CentralNic sells

$1 million domain name portfolio — CentralNic sells

CentralNic sells more domain names from its domain trading business.

CentralNicCentralNic (AIM: CNIC) disclosed today that it has sold a group of domain names for US $1 million, to be paid over the coming months.

The sale comes from CentralNic’s portfolio of over 20,000 domain names. The firm started buying and selling domain names in the second half of last year, and noted $2.5 million in sales in December 2014.

CentralNic’s biggest value might be in the two letter domain names it owns, such as US.com and UK.com. But it can’t easily sell these domains since it has sold third level registrations underneath them.

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