Digital asset investor Andy Booth recently announced that he sold the domain name SmartWallet.com for $175,000.
The deal was reportedly closed without the buyer and seller speaking or negotiating, with SmartWallet.com’s new owner preferring to pay a BIN price of $175,000 instead.
Following the sale, Booth disclosed that he thought the buyer was the co-founder of HubSpot, a publicly-traded marketing, sales, and customer service software developer with a market cap of $12 billion.
SmartWallet.com has now been transferred into the possession of its new owner, moving to an account at domain registrar Enom.
While GDPR means that specific WHOIS data for the domain has been redacted, the registration profile fits with a number of other domain names owned by HubSpot co-founder Dharmesh Shah.
As of publishing, the domain also forwards to OnStartups.com, Shah’s blog about software startups.
It’s not clear why Shah purchased SmartWallet.com, but a smart wallet is a crypto or blockchain reference defined as “a wallet that interacts with a smart contract or a cluster of smart contracts.” I’ve contacted Dharmesh Shah for a comment, but I haven’t received a response as of publishing.
Shah did, however, recently invest $1 million into BitClout, a blockchain-based social network, and published a post explaining why he made the decision to invest.