Crypto.com founder Kris Marszalek buys ai.com domain name for record $70 million: FT

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According to the Financial Times, Kris Marszalek, founder and CEO of cryptocurrency exchange Crypto.com, acquired ai.com for $70 million, which is the highest price publicly disclosed for a website domain name.

The acquisition marks the executive’s entry into artificial intelligence, an area where global spending will reach nearly $1.5 trillion by 2025, according to Gartner. This momentum will increase this year. Bloomberg reports that the four major US technology giants Alphabet, Amazon, Meta and Microsoft alone plan to invest a total of US$650 billion in artificial intelligence infrastructure this year.

The deal, which was completed in April 2025, was conducted entirely in cryptocurrency, the Financial Times reported in a report on Friday, citing Larry Fischer of GetYourDomain.com, who brokered the deal. The price is more than double the record of $30 million held by Block.one in 2019 when it acquired Voice.com. Block.one is the owner of Bullish (BLSH), the parent company of CoindDesk. Marszalek acquired crypto.com in 2018 for $12 million.

Ai.com announced the launch of a consumer platform featuring autonomous artificial intelligence agents. Unlike traditional chatbots, these agents are designed to operate on behalf of users – performing tasks such as stock trading, managing calendars and automating workflows. Marszalek said the platform aims to be the “front door to general artificial intelligence” through a decentralized network.

“We are in the midst of a fundamental shift in the development of artificial intelligence as we rapidly move beyond basic chat to AI agents actually doing things for humans,” Marszalek said. “Our vision is to build a decentralized network of billions of agents that are able to improve themselves and share those improvements with each other.”

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The platform announced its debut Super Bowl LX ad on Sunday, causing a surge in traffic that crashed the site for several hours. Writing in X on Monday, Marszalek cited “insane traffic levels” from the 30-second ad, noting that while the team was prepared for scale, the interest was unprecedented.

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