- World, Sam Altman’s project, successfully raised $135 million through a private sale of its WLD tokens meanwhile WLD’s price has surge by 15%.
- The funding came from a private sale of its WLD tokens to investors like Andreessen Horowitz and Bain Capital Crypto.
Sam Altman’s World project recently announced a major funding round. This investment is intended to help the project grow and expand its reach globally, particularly its unique method for verifying human identity.
World’s Funding Boost and Plans
World has secured $135 million through the private sale of its WLD cryptocurrency tokens. The tokens were sold directly to two significant investment firms, Andreessen Horowitz and Bain Capital Crypto, both of whom were early supporters of the Worldcoin project.
According to World, the tokens were sold at market prices. This sale significantly increased the amount of WLD tokens available to the public, bringing the total circulating supply to about 1.51 billion tokens.
The money raised will be used for several key purposes. A major goal is to meet the increasing worldwide demand for Orb-verified World IDs. This refers to the unique digital identity created for users who have their eyes scanned by a special device called the Orb. The funding will help World roll out more Orbs and make this verification process available to more people in different countries.
A portion of the funds is also dedicated to expanding Worldcoin’s presence in the United States, following its recent launch there. The company also stated that some of the investment will help the network move closer to its goal of becoming a self-sustaining protocol, meaning it can operate and develop without needing constant external funding.
In a statement, World emphasized the long-term vision behind this funding, saying,
This funding opportunity is in service to the long-term mission of World and is backed by the builders who believed in World from the beginning.
News of the $135 million token sale had a noticeable effect on the price of the WLD token. The price saw a significant jump, increasing by 15% over the last 24 hours following the announcement, trading at $1.26.
Trading volumes for WLD went up by 97%, showing that many people were buying and selling the token. This activity involved both large investment firms and individual retail investors, pushing the total daily transaction value above $300 million.
The rally in WLD’s price happened during a period when the broader cryptocurrency market was also seeing positive movement, including Bitcoin reaching a new all-time high. However, some Worldcoin investors are preparing for the possibility that the price might decrease again shortly, once the initial excitement from the funding announcement fades.
Despite this positive financial news, Worldcoin continues to face challenges, particularly regarding privacy concerns and how it manages user data. Several countries and regulators are examining the project’s data collection practices.
At a recent Consensus event 2025, Worldcoin defended its approach. Liam Horne, an advisor to Worldcoin, stated that personal data collected by the Orb devices “never leaves the orb,” suggesting a focus on keeping sensitive biometric data on the device itself rather than transmitting it freely.
By securing this significant funding, Worldcoin aims to accelerate its plans for global expansion and the rollout of its unique identity verification system, even as it navigates ongoing discussions and concerns about data privacy.
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