Reglikedomain industry desk

Escrow.com notes domain sales rebound in Q1

Escrow.com notes domain sales rebound in Q1

The aftermarket is back.

Chart showing escrow.com gross payment volume by quarter

Aftermarket domain name sales rebounded sharply in Q1 this year, as stated by Escrow.com.

The firm noted that overall payment volume at Escrow.com was AU $268.6 million. That’s down 5% compared to the first quarter of last year but up 47% compared to Q4 2022. It’s the best quarter since Q2 2022. (Note the chart above is in USD.)

While Escrow.com handles more than just domain transactions, the firm stated domain names were the driving force of the upswing.

This echoes what Escrow.com CEO Matt Barrie stated on the Reglike Podcast a couple of weeks ago.

Notably, the firm handled the eight-figure transaction for chat.com as well as the sales of prompt.com and newyork.com.

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