đš Just-In: Worldcoin Raises $135 Million; $WLD Price Jumps 15% đ
Barely weeks after its US debut, Worldcoin has sold a chunk of its WLD tokens to Andreessen Horowitz and Bain Capital Crypto.
The project raised $135 million from the sale, sending the WLD price spiking by 15% to trade at $1.21.
Sam Altmanâs Worldcoin has secured $135 million in funding from the private sale of WLD tokens.
According to a press release, the company confirmed the sale of WLD tokens to two early backers of the digital identity project, Andreessen Horowitz and Bain Capital Crypto.
Per the release, the sale to Andreessen Horowitz and Bain Capital Crypto will be used to expand the World network.
Worldcoin sold the tokens at market prices, raising $135 million and effectively increasing WLDâs circulating supply to 1.51 billion.
The raise will be deployed to meet the rising demand for Orb-verified World IDs across the globe.
A chunk of the fund will be used for US expansion following its debut in the country, while a slice will bring the network close to the goal of becoming a self-sustaining protocol.
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