Worldcoin Price Plummets 10% on $52.5 Million Funding Round

The Worldcoin price tumbled nearly 10% after the World Foundation closed a $52.5 million institutional funding round, which will accelerate the rollout of its AI-powered World ID ecosystem.

The project's proof-of-humanity platform is designed to verify human identity in an increasingly digital economy, and the expansion targets enterprise adoption, consumer applications, and AI agents.

On-chain data showed that the World Foundation transferred approximately 217.4 million WLD tokens while receiving nearly 47.5 million USDC, indicating a large institutional token sale rather than open-market selling.