Frax Makes Internet History with .frax, the First ICANN Top-Level Domain Application from a Crypto Company

.frax would connect a globally recognized internet domain with onchain ownership, payments, and AI-native commerce

LAS VEGAS, Oct. 7, 2026 /PRNewswire/ -- Frax today became the first crypto company to have its own top-level domain application revealed by ICANN, with .frax officially published as part of the 2026 New Generic Top-Level Domains Program. If successfully delegated, .frax would become a globally recognized internet top-level domain, similar to .com or .org.

Frax plans to make .frax the first end-to-end top-level domain designed to bridge the traditional internet and the onchain economy. Users would be able to own and manage .frax domains through Frax Name Service (FNS) on Frax's blockchain Fraxtal while those same domains resolve through the global Domain Name System. FNS registrations also feed the Frax Burn Engine, permanently burning FRAX and allowing the ecosystem's native digital commodity to capture value as domain usage grows.

"Crypto naming systems made internet identity ownable. ICANN domains made it universally reachable. .frax brings those two worlds together," said Sam Kazemian, Founder of Frax. "Our goal is to build the first internet namespace where ownership lives onchain but the domain works everywhere. From there, domains can evolve into programmable financial endpoints for people, businesses, applications, and AI agents."

The initiative also extends the financial network Frax is building around frxUSD and FraxNet. FraxNet connects financial institutions, fintechs, and companies through a shared network for digital money and payments, with each new participant expanding the reach and utility of frxUSD.

Frax also plans to explore agentic and machine-payment functionality for .frax domains, including support for emerging standards such as x402. This could enable websites, applications, and autonomous software agents to identify counterparties, access services, and initiate stablecoin payments programmatically.

The .frax application was submitted with support from MarkMonitor, an ICANN-accredited corporate domain registrar.

About Frax

Frax is a U.S.-based financial technology company building the network for secure, global, and programmable money. At its core is frxUSD, a fully backed digital dollar, and FraxNet, a financial platform connecting institutions, fintechs, and enterprises through a shared network for digital money, payments, lending, credit, and yields. Frax provides stablecoin and crypto payments infrastructure to leading financial institutions, companies, and fintechs. Since 2020, Frax has powered billions of dollars in onchain capital and activity across more than five years of serving users. Frax was ranked #5 in Stablecoins in the 2026 Fortune Crypto 100. Learn more at Frax.com.

Media Contact for Frax
Gary Bird
FortyThree, Inc.
831.888.9011
[email protected]

SOURCE Frax