Crypto
$52.5M Raised by World Foundation from Private WLD Token Sale
The World Foundation has successfully completed its private sale of the WLD token, raising $52.5 million.
The funds will be used to accelerate access and usage of the digital identity platform World ID.
Pantera Capital stated that there is growing interest in human verification tools amidst the rise of artificial intelligence.
Investors who agreed to the 12-month lock-up condition included Pantera Capital and Bain Capital Crypto, both of which have invested in WLD.