Crypto.com CEO buys AI.com for $70M in record deal

Neha Soni
Written by Neha Soni

Crypto.com co-founder and CEO Kris Marszalek has acquired AI.com domain for approximately $70 million in cryptocurrency and plans to launch a consumer-facing artificial intelligence platform under the brand.

Marszalek confirmed the purchase in a post on X on 6 February, revealing that he bought the domain in April 2025 and has been quietly building a team since then. The domain had previously been listed for sale with a $100 million asking price in March 2025.

According to a LinkedIn post by domain broker Larry Fischer, Marszalek paid $70 million for AI.com in what is believed to be the largest domain name transaction ever publicly disclosed.

As reported by The Block, the deal surpassed earlier record-setting domain sales, including CarInsurance.com, which sold for $49.7 million in 2010, and OpenAI’s reported purchase of Chat.com for more than $15.5 million in late 2024. While Gizmodo previously noted that Cars.com was valued at $872.3 million as an intangible asset during a 2014 acquisition, that figure was part of a broader corporate transaction rather than a standalone domain sale.

AI.com platform launch and capabilities

Marszalek will serve as CEO of both Crypto.com and AI.com. The AI.com platform launched on 8 February (Sunday). The company’s press release stated that the platform will allow users to create personal AI agents capable of sending messages, executing actions across applications, trading stocks and building projects. User data will be encrypted using individual encryption keys. “We are at a fundamental shift in AI’s evolution as we rapidly move beyond basic chats to AI agents actually getting things done for humans,” Marszalek said in the release.

As reported by Adweek, the AI.com platform launched with a 30-second fourth-quarter commercial that caused a massive traffic surge, briefly crashing the website.

Broader Crypto.com strategy and policy ties

The AI.com launch comes just days after Crypto.com spun out its prediction markets business into a standalone app called OG, also timed around Super Bowl-related marketing activity. Crypto.com claims more than 150 million retail users worldwide and approximately $1.5 billion in annual revenue.

In comments to the Financial Times, Marszalek said he has already received what he described as “an absolutely insane amount of money” in offers for the AI.com domain but plans to retain ownership.

“When we started Crypto.com there were around a thousand different exchanges, and we somehow managed to make it work,” he said. We will make this work one way or another.

Event trading platform for US users

In 2024, Crypto.com unveiled its first-ever sports event trading platform exclusively for US users via its application. This platform enabled participants to trade predictions on sports event outcomes, with the inaugural offering centred on the upcoming Super Bowl. Users could predict which team will clinch the NFL championship in the app, with various teams listed alongside their probabilities, enabling straightforward selection. Operating under the oversight of the Commodity Futures Trading Commission (CFTC), Crypto.com adheres to stringent regulatory requirements, ensuring a compliant trading environment for its users, such as UpDown Options and Strike Options.

In 2024, President‑elect Donald Trump met Crypto.com CEO Kris Marszalek at Mar‑a‑Lago to discuss crypto policy, including a proposed Bitcoin reserve, the same day the company dropped its lawsuit against the US Securities and Exchange Commission (SEC).

Serious about Frontier Tech? Dubai is waiting for youAIBC Eurasia, 09–11 February 2026, brings 14,500 leaders to the heart of MENA’s tech revolution. Show up where the deals happen.