Worldcoin recently caught significant attention in the cryptocurrency market when its parent organization — Worldcoin Foundation — announced it had sold $135 million worth of WLD tokens directly to two prestigious investment funds, Andreessen Horowitz (a16z) and Bain Capital Crypto. This is not a traditional venture capital round, but rather a token purchase at the current market price, with no discounts and no lock-up conditions, causing the circulating supply of WLD to increase accordingly.
Growth of 'Orbs' and Biometric Identification in the Age of AI
The raised funds will be used to rapidly expand the 'Orb' iris scanning technology in the U.S. — where there are the strictest legal frameworks for this project — while also serving the growing global demand.
The Worldcoin project pursues a 'proof-of-personhood' model to counter the risks from the rapid development of artificial intelligence. The organization believes that a global identity verification system needs to develop in tandem with AI to protect humanity in the AGI (artificial general intelligence) era.
According to information from the Foundation, the new capital will be used to:
Producing more Orb devices
Subsidizing deployments in U.S. cities
Improving the protocol pricing model
Market Reaction: 'Never Seen Before!'
Information about this deal has astonished the financial community. Bitwise's CIO, Matt Hougan, wrote on social media X:
'a16z and Bain purchased $135 million worth of Worldcoin at market price — while this token has dropped by up to 90% in the past 14 months. I think I've never seen anything like it. Very interesting.'
When a user speculated that this deal might stem from the fact that 'this is a project related to Sam Altman that is being undervalued', Hougan replied: 'Maybe so.'
Technical Analysis: Can WLD Rise to the Psychological Level of $5?
On the weekly chart for the WLD/USDT pair (Binance), the price has formed a V-bottom pattern from the low of $0.57 — which is also the 0 mark of the current Fibonacci retracement grid. Subsequently, the price has entered the area of moving averages (MA), which have repeatedly blocked upward movements since January.
If the price surpasses the 20-week EMA at $1.27, the next targets are:
50-week EMA at $1.87
Fib 0.236 at $3.27
Psychological resistance area around $5.00, coinciding with Fib 0.382
However, as long as the price remains below the $1.33–$1.41 range, the long-term structure remains negative.
In summary: The massive investment deal into Worldcoin without discounts amid a deep market downturn raises many questions — while also sparking hopes for the recovery of WLD, if the 'Orb' project can overcome legal challenges in the U.S. and scale globally.