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Dynadot is a domain registrar. A domain registrar is a company that has a direct connection with central registries so they can offer domain registrations on various top-level domains (TLDs). For example, in order to offer registrations on .COM , a domain registrar has to be accredited with the central registry of that TLD - in this case, Verisign .
Although it is not a requirement for a domain registrar to also be ICANN accredited, it is something we recommend when choosing a registrar. Dynadot is proud to be an ICANN accredited registrar. Getting accredited by ICANN requires the registrar to meet certain qualifications including security and financial ones. You can find out more about what Dynadot's ICANN accreditation means for you on our blog.
Want to know more about the difference between a registry, a registrar, and a reseller? Check out our blog on The 3 R's of the Domain Industry.