World Sells $135M in WLD Tokens to Early Investors to Support Orb ID Expansion
Key Points
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World Assets raised $135 million through a market sale of WLD tokens to early investors Andreessen Horowitz and Bain Capital Crypto.
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The transaction increases the circulating supply of WLD, though exact figures were not disclosed.
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Funds will be used to support the rollout of Orb verification devices, particularly in the U.S. and internationally.
World Assets, Ltd., a subsidiary of the World Foundation, has raised $135 million through the sale of WLD tokens at market prices to early backers Andreessen Horowitz and Bain Capital Crypto, according to an official announcement .
The capital will be used to support the continued expansion of the World ID infrastructure, particularly the deployment of Orb biometric devices in the United States and other regions.
As a result of the transaction, the circulating supply of WLD has increased, although no specific figures were disclosed regarding the new total in circulation following the sale.
The sale comes amid ongoing growth in the World network, which the project reports now includes over 26 million users and more than 12.5 million Orb-verified World IDs across 160+ countries. The World ID system is designed to provide biometric proof-of-personhood in digital environments, particularly as AI-driven systems become more common.
According to the World Foundation, the network is expected to move toward financial sustainability, with protocol fees potentially supporting operations in the future.
No further details on allocation, lockups, or secondary market strategies were provided in the public statement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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