US EditionSam-Altman Founded World Token Rips 24%—What's Going On?
- On May 21, 2025, Worldcoin secured $135 million in a private token sale, attracting early investments from prominent firms including a16z and Bain Capital’s crypto division.
- The sale followed Worldcoin's expansion into the United States and strong institutional interest, despite ongoing regulatory challenges and privacy concerns in some countries.
- WLD's price surged over 15%, reaching about $1.26, alongside a 92% increase in trading volume and daily transactions surpassing $300 million amid broader crypto market gains.
- Worldcoin employs its Orb device to scan irises and create unique IDs, with advisor Liam Horne emphasizing that the biometric information remains stored on the device itself to alleviate privacy concerns.
- The raised funds will support global rollout of Orb-verified World IDs, US expansion, and move the network toward becoming a self-sustaining protocol while navigating privacy concerns.
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12 Articles
World Foundation Secures $135M To Expand Iris-Based ID Network, WLD Surges 10% » News.ng
Worldcoin (WLD) jumped 10% in the past 24 hours, following a major funding announcement from the World Foundation, which secured $135 million to scale its global identity initiative, World ID. Revealed on May 21, the fundraising round was led by prominent venture capital firms Andreessen Horowitz and Bain Capital Crypto. Both investors acquired WLD tokens at market prices, boosting the overall circulating supply. Worldcoin’s identity project alr…
24% Surge: Can Worldcoin (WLD) Flip Resistance into Support?
Worldcoin is trading at $1.54 after a 24% rise. WLD’s daily trading volume has surged by over 159%. The Bitcoin rally above $111K in the market has ignited other crypto assets to climb high. Ethereum, the largest altcoin, is traded around the $2.6K range. However, among the altcoins, the Worldcoin (WLD) price chart reveals a breakout, signalling a fresh rally. In the last 24 hours, Worldcoin has recorded a 24.20% price surge. It opened the day…
Sam-Altman Founded World Token Rips 24%—What's Going On?
World (CRYPTO: WLD) blasted to the top of the cryptocurrency gainers list Thursday after raising $135 million to fund network expansion. What Happened: The token, which is related to a decentralized identity verification project, skyrocketed over 24% in the last 24 hours, reaching levels not seen…
Worldcoin Secures $135M Boost for Orb Expansion
Worldcoin’s parent entity, the World Foundation, has injected fresh momentum into its biometric-identity project with a strategic sale of $135 million worth of liquid WLD tokens. The sale, conducted at the spot price, involved two of its earliest backers, Andreessen Horowitz (a16z) and Bain Capital Crypto. This direct purchase, explicitly not a venture round, adds the same amount of WLD to the… Source
Sam Altman’s Worldcoin Raises $135 Million—WLD Token Jumps 15% - Coin Surges
Worldcoin’s parent entity, the nonprofit World Foundation, has injected fresh momentum into its biometric-identity project after selling $135 million worth of liquid WLD tokens at spot price to two of its earliest backers, Andreessen Horowitz (a16z) and Bain Capital Crypto. The direct purchase—explicitly “not a venture round… a direct purchase of non-discounted liquid tokens,” according to the foundation—adds the same amount of WLD to circulatin…
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