World Foundation Nets $52.5M in Strategic WLD Token Sale
The World Foundation has raised $52.5 million through a strategic token sale of its WLD tokens, led by Pantera Capital and joined by other prominent investors such as Bain Capital Crypto and Eightco Holdings.
The funds will be used to expand the World ID system across businesses, consumer platforms, and AI services, with over 39 million users already on the network. The WLD token sale comes with a 12-month lockup period, preventing participating firms from immediately selling their allocations on public exchanges.
Worldcoin's price has remained relatively stable at around $0.375 despite the funding news, and its long-term prospects will depend on whether businesses see proof of human checks as useful against bots, fraud, and AI-generated activity.