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James Iles

Did This Newspaper Just Sell Ledger.com?

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By James Iles, Jun 5, 2018
  1. James Iles

    James Iles NamePros Writer PRO Gold Account VIP Trusted Blogger

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    Up until May 31st 2018, the premium one-word domain Ledger.com forwarded to PatriotLedger.com, a newspaper for the city of Quincy in Massachusetts. Despite the word being more commonly connected to economics, the Ledger.com domain has been associated with the Patriot Ledger newspaper for a long time.

    The earliest records on Archive.org show that Ledger.com hosted a basic website for the newspaper back in 1999. Almost ten years later, the media company switched to PatriotLedger.com, with Ledger.com forwarding to the new address. That is until earlier this year.

    Recently, Ledger.com started displaying a notice to visitors stating that Ledger.com would not be redirecting to PatriotLedger.com after May 31st 2018. The paper, owned by NYSE-listed New Media Investment Group, seems to be slowly distancing itself from the Ledger.com domain. Why is this? Could it be that the name is about to be sold?
    rsz_pexels-photo-618549.jpg

    It's quite possible that the move away from Ledger.com may be an attempt to rebrand in order to keep Ledger.com for another venture, but given the abrupt termination of use, it could very well be a domain sale.

    If it is indeed a domain sale, there's one very likely candidate for the acquisition. Ledger is a French cryptocurrency and blockchain security company established in 2014 that currently uses the domains LedgerWallet.com and Ledger.fr.

    The company provides popular cryptocurrency wallets such as the Ledger Nano S and have recently raised $75 million in Series B funding, which brings Ledger's total funding amount to $85.1 million. With Ledger's business based around cyber security, owning the equivalent exact-match .COM would be an extremely beneficial move in terms of brand protection and security.

    Without owning the exact match .COM name, email security in particular can be compromised. Just yesterday, for example, Elliot Silver (@EJS) covered the news of the Commonwealth Bank of Australia's staff inadvertently sending over six-hundred internal emails to a CBA.com address rather than a CBA.com.au address.

    If Ledger have reached an agreement to acquire Ledger.com, the offer would likely have to be a fairly significant six or seven-figure fee to convince the NYSE-listed New Media Investment Group to sell.

    Other related one-word domain sales from this year include Liquid.com for $750,000 and Tokens.com for $500,000.

    It'll be interesting to follow Ledger.com over the next few months to see whether the domain did indeed sell.


    Update on June 8, 2018: As we suspected, Ledger.com did indeed sell to cryptocurrency company Ledger. As of writing, the name forwards to LedgerWallet.com but it's likely that the company will change over to simply Ledger.com in future.
     
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  4. James Iles

    About The Author — James Iles

    Writer for NamePros.com. For all inquiries relating to stories and interviews, please email: [email protected]

    This is James Iles's 543rd blog post on NamePros. View all blog posts

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  5. Comments (12)

  6. Mary Muse

    Mary Muse 800+ Blockchain Domains VIP

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    Brilliant insight -- looking forward to seeing if anything public comes out of this..
     
  7. Kassey Lee

    Kassey Lee 域名世界 VIP

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    If they can, just rebrand to Patriot and use Patriot.com as their corporate domain.
     
  8. elevator

    elevator DnCombo.com VIP

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  9. kandyan

    kandyan Established Member

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    Thanks for Sharing.
     
  10. Mahouni

    Mahouni Established Member ★★★★★★★★★★

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    Yes I think it sold and I think the price is going to be six or low seven figures if ever released(doubt it). The domain is currently pending transfer.
    If the receiving registrar is Gandi then you'll most definitely have the confirmation of the buyer.

    I think they're cornering the brand "Ledger". They bought the .org from a member here for mid five figures. (Also at Gandi).

    Honestly a wise move.
     
  11. 1Darko

    1Darko Active Member VIP

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    Thank you this interesting news!(y)
     
  12. Keith DeBoer

    Keith DeBoer BrandBucket Brand Ambassador PRO VIP

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    Nice detective work, James!
     
  13. cipcip

    cipcip Active Member VIP ★★★★★★★★★★

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    I wanted to see what is happening to the website and:

    1. I can access Ledger.com
    2. When I click to visit patriotledger.com = Access denied :) Apparently they banned Europe as well....
    Error code 16
    This request was blocked by the security rules
     
  14. Candace

    Candace Broker at Starfire Holdings Starfire Holdings PRO Blue Account VIP

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    @James Iles , I was able to make contact with the General Counsel, Polly Sack, at Gatehouse Media (they own Patriot Ledger). New Media Investment Group owns Gatehouse Media. Anyway, she said that they "are in the process of selling it to a third party."
     
  15. James Iles

    James Iles NamePros Writer PRO Gold Account VIP Trusted Blogger

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    Thanks Candace! I couldn't get any responses
     
  16. James Iles

    James Iles NamePros Writer PRO Gold Account VIP Trusted Blogger

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    Update: As we suspected, Ledger.com did indeed sell to cryptocurrency company Ledger. As of writing, the name forwards to LedgerWallet.com but it's likely that the company will change over to simply Ledger.com in future.
     
  17. WillW

    WillW DMindex.com Gold Account

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    I live in that area and know the Patriot Ledger very well - used to get it delivered every week! Such a small world
     
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