Worldcoin Price Plunges After $52.5M Institutional Funding Round

The Worldcoin price dropped nearly 10% after the World Foundation closed a $52.5 million institutional funding round, shifting investor attention from long-term expansion to near-term token supply.

The Pantera Capital led-investment is set to accelerate the rollout of the project's AI-powered World ID ecosystem, but traders reacted to the accompanying WLD token sale and renewed supply concerns.

The sharp decline has also pushed WLD below a key support level, putting the token's recovery at risk.

The funding round aims to strengthen infrastructure and expand the network's global reach over the coming years, with World Foundation transferring approximately 217.4 million WLD tokens in exchange for nearly $47.5 million USDC.