World Network Raises $52.5M in WLD Token Sale Amid Expansion Plans

World Network, the nonprofit organization behind World ID, has raised $52.5 million through a strategic sale of its WLD token as it marks three years since its mainnet launch.

The funding round was led by Pantera Capital and included participation from Bain Capital Crypto, Eightco Holdings, Selini Capital, Susquehanna Crypto, and other investors.

According to an X post on Friday, the tokens purchased in the sale are subject to a one-year lockup.

The funds will support the expansion of World ID infrastructure, integrations with third-party platforms, and the development of proof-of-human verification technology.