Book Due Diligence
Insights

Using data to explain how domain assets are priced

We publish industry research and market updates regularly, setting out openly how we observe this market and the basis for our judgements.

Cadence: one or two short notes a week · one in-depth analysis a month · an annual report each year

Research

Industry research reports

Reports are published in two forms: the full PDF and a web summary. Downloading the PDF requires registration; the web summary can be read directly.

Annual report

Annual report on the domain secondary market

Published annually. Consolidates publicly reported transaction data from the global domain secondary market and analyses extension structure, price distribution, shifts in industry demand and annual trends. The next edition is expected in the first quarter of 2027.

Coming soon

Special research

AI domains: a special study

Reviews landmark transactions such as AI.com and Chat.com, and analyses how demand and pricing logic differ between .ai extensions and traditional .com brand words in AI use cases.

Coming soon

Special research

The investment value of blockchain domains

Tracks demand for premium domains from exchanges such as Huobi, OKX and KuCoin and from Web3 projects, assessing transaction frequency and liquidity characteristics in this segment.

Coming soon

Special research

The scarcity of two-letter .com domains

There are only 676 two-letter .com and 100 two-digit .com domains worldwide, and supply is entirely fixed. This report examines their circulation rate, ownership structure and historical price ranges.

Coming soon

Key data

The indicators we follow

A summary of industry data from public sources, illustrating the size and structure of the market.

US$315M
Global disclosed domain sales, 2025
+67% year on year, on more than 190,000 transactions
US$1.85B
Rolling annual size of the broader secondary market
Includes estimates for undisclosed private transactions
67%
Share of transaction value held by .com
.com continues to dominate the market
+270%
.ai domain transaction volume, Q2 2026
Quarter-on-quarter growth
Sources and basis: public statistics from NameBio, DNJournal, Escrow.com and others. Public data covers disclosed secondary-market transactions only; the true market is larger. "Broader secondary market" is an industry estimate and statistical methods differ between providers. The figures above describe the market as a whole and are not the performance of this Fund.
Market updates

Weekly industry updates

Coverage of major domain transactions, policy and regulatory developments, and analysis of industry trends.

Major transactions

Tracking eight-figure domain sales, acquisition moves by end buyers, and structural shifts across extension markets.

Policy and regulation

ICANN's new gTLD application window, registry policy changes, and developments in cross-border asset and compliance requirements.

Trend analysis

How new use cases in AI and Web3 affect demand for domains, and the medium- to long-term evolution of secondary-market liquidity.

About this section: the Market Updates section will go live in the second phase, once a content management system is in place to support publishing and search directly. This first version of the website provides the section structure and the research download entry point.

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