#Worldcoin ($WLD ), the cryptocurrency project focused on digital identity, has experienced a sharp increase in value, climbing nearly 30% within the past 24 hours to reach $1.64. This surge follows the announcement by the Worldcoin Foundation of a successful $135 million funding round.
The investment round was led by prominent venture capital firms, including Andreessen Horowitz and Bain Capital Crypto. According to the foundation, the capital will be allocated to accelerating the global expansion of Worldcoin’s identity verification network, with a particular emphasis on scaling operations across the United States.
Over the past month, the WLD token has more than doubled in value, reflecting a growth of over 100%. With a current market capitalization of approximately $2.38 billion, Worldcoin now ranks as the 47th largest cryptocurrency by market value.
Despite ongoing criticism surrounding its use of biometric data for identity verification, the Worldcoin project continues to capture widespread attention in the crypto and tech sectors. The latest funding milestone underscores growing investor confidence in its ambitious digital identity infrastructure.
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