$52.5M Pantera-Led Funding Boosts World ID Expansion
The World Foundation has secured $52.5 million in funding led by Pantera Capital to expand its infrastructure for digital identities, known as World ID.
This investment brings the total amount raised by the organization to over $100 million since its inception.
World ID is a decentralized identity solution that aims to provide secure and private identification for individuals worldwide. The platform uses blockchain technology to create tamper-proof digital identities, reducing the risk of identity theft and fraud.