PANews February 10, 2025, news, according to Malaymail, Malaysian tech entrepreneur Arsyan Ismail has sold the top-level domain AI.com for a stunning price of $70 million (approximately 300 million ringgit) in April 2025. The buyer is reported to be Kris Marszalek, co-founder and CEO of Crypto.com. The domain was previously listed for $100 million, and the final transaction price has made it one of the highest publicly disclosed domain name deals in history. The seed of this huge fortune was sown as early as 32 years ago. In 1993, at the age of 10, Arsyan used his mother's credit card to register the domain for just $100. At that time, he did not foresee the current boom in artificial intelligence, and the reason for the purchase was simply because "AI" happened to be the initials of his name. This seemingly strange $100 charge at the time even once confused his mother, who had no knowledge of domains. As a tech veteran with more than 30 years of experience, Arsyan has participated in early internet projects such as Friendster and is also an early adopter of Bitcoin. Looking back on this life-changing transaction, his advice is: when negotiating with ultra-high-net-worth individuals, do not overplay or try to "manipulate" the other party, as it may result in losing the opportunity to close the deal. Related reading: Crypto.com spends $70 million to acquire AI.com, ERC-8004 supports AI Agent infrastructure.
Crypto.com CEO buys AI.com for $70M, originally purchased for $100 in 1993
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Summary
Crypto news broke in April 2025 as Crypto.com CEO Kris Marszalek bought AI.com for $70 million. The domain was first registered in 1993 by Malaysian entrepreneur Arsyan Ismail for $100 using his mother's credit card. AI, he said, stood for his initials. The sale ranks among the highest domain deals ever. Crypto news and AI + crypto news continue to draw attention as major players make strategic moves.
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