Cake Wallet Targets .XMR Domain in ICANN’s Next gTLD Round

Event summary

  • Cake Wallet intends to apply for the .xmr generic top-level domain (gTLD) in ICANN’s next application round.
  • Unstoppable Domains will support the application, aiming to create a dedicated namespace for the Monero ecosystem.
  • Monero is a privacy-focused cryptocurrency launched in 2014, known for its strong privacy protections.
  • Cake Wallet, founded in 2018, has developed one of the first open-source mobile wallets dedicated to Monero.

The big picture

The move signals a strategic push to establish a dedicated digital identity layer for the Monero ecosystem, aligning with broader trends in privacy-focused financial tools and decentralized internet infrastructure. Unstoppable Domains, with over 4.9 million registered domains, aims to integrate blockchain-based identity tools with traditional DNS, potentially setting a precedent for other crypto-native communities.

What we're watching

Regulatory Approval
Whether ICANN will approve the .xmr domain, given the multi-phase evaluation process.
Adoption Pace
The pace at which the Monero community and privacy-focused services will adopt the .xmr domain.
Market Impact
How the .xmr domain could influence the broader cryptocurrency and digital identity markets.