Crypto
Pantera-Led Investment Secures $52.5M for World Foundation's Biometric Identity Project
A $52.5 million WLD token sale led by Pantera Capital has secured funding for World Foundation, according to a market update from WuBlockchain.
The deal brings together a mix of deep-pocketed funds and quantitative trading firms, including Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto. The investors agreed to keep their tokens off exchanges until at least mid-2027, removing immediate sell pressure from WLD's circulating supply.
The World Foundation plans to channel the entire sum into expanding World ID, its biometric-based digital identity system. The system aims to verify AI agents alongside humans, marking a deliberate pivot for the project.