🌎 World raises $135M from Andreessen Horowitz and Bain Capital Crypto to fund the expansion of the network.
To meet the growing demand for verified World IDs by Orb and support the expansion of the World Network across the U.S. and beyond, World Assets, Ltd. (a subsidiary of the World Foundation) sold $135M of $WLD at market prices to two of the project's earliest backers, Andreessen Horowitz and Bain Capital Crypto. The circulating supply of WLD has correspondingly increased. Additional investors from a previously disclosed funding round include Selini Capital, Mirana Ventures, and Arctic Digital.
In summary, capital is flowing into the project #Worldcoin $WLD