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Sam Altman’s Worldcoin Raises $135 Million for Market Expansion

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Following its United States debut, Worldcoin bolsters the World network’s expansion and meets escalating demand for Orb-verified World IDs. World Assets has announced the sale of $135 million worth of its native token, WLD, at prevailing market prices.

The transaction involved two of the project’s earliest and most prominent backers: Andreessen Horowitz and Bain Capital Crypto. This capital infusion is poised to significantly enhance World Assets’ capacity to scale its operations across the United States and internationally.

“This funding opportunity is in service to the long-term mission of World and is backed by the builders who believed in World from the beginning,” Worldcoin stated.

Worldcoin Complete Sale of WLD Tokens

Worldcoin, spearheaded by Sam Altman, has officially confirmed the private sale of WLD tokens to Andreessen Horowitz and Bain Capital Crypto, both early proponents of the digital identity initiative. As indicated in a press release, this transaction aims to bolster the expansion of the World network.

Furthermore, selling the tokens at prevailing market rates generated $135 million in capital and increased WLD’s circulating supply to $1.51 billion.

The company will strategically allocate these newly acquired funds to meet the rising global demand for Orb-verified World IDs. Following its recent launch in the United States, a significant portion of the capital will facilitate expansion within that country.

The announcement of Worldcoin’s token sale to Andreessen Horowitz and Bain Capital Crypto has had a demonstrable positive impact on the WLD price, propelling it upwards by double-digit percentages. As of the time of this writing, the WLD price experienced a 15% surge in the last 24 hours, reaching a daily high of $1.26.

Daily transaction volumes have also increased substantially, rising by 71% over the past day. This surge in activity is largely attributable to the significant token sale to early investors. Both retail and institutional investors are actively participating, driving transaction volumes beyond the $300 million threshold.

Indonesia Halts Worldcoin Electronic System Certificate

On May 5, 2025, CoinTab reported that a digital identity and crypto project owned by Sam Altman, the CEO of an American AI research company, is still dealing with problems from regulators.

The latest issue comes from Indonesian agencies. Indonesia’s Ministry of Communication and Digital Affairs (Komdigi) announced that it has stopped the World’s Electronic System Organizer Registration Certificate (TDPSE). This certificate allows World to provide services in Indonesia.

Notably, the firm received a temporary stop to the project’s TDPSE to protect the public from risks and obtain more information about World’s services.

The post Sam Altman’s Worldcoin Raises $135 Million for Market Expansion appeared first on Cointab.

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