WLD Token Sale Raises $52.5M - But Buyers Can’t Sell for a Year
Sam Altman’s biometric identity startup World has closed a $52.5 million WLD token sale to a group of institutional investors, with every token purchased locked up for a full year — a structural detail that says as much about investor conviction as it does about where digital identity is heading in the AI era.
Key takeaways
- The World Foundation raised $52.5 million through a strategic locked WLD token sale led by Pantera Capital.
- All purchased WLD tokens are subject to a one-year lockup, preventing buyers from selling or trading during that period.
- Participating investors include Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto.
- Funds will support the expansion of World ID across enterprises, consumers, and AI agents.
- The World Network has surpassed 39 million members, with over 18 million verified by an Orb and more than 475 million World ID proofs issued to date.
World Foundation Raises $52.5 Million Through a Locked WLD Token Sale
The fundraise, announced Friday, flows directly to the World Foundation — an exempted limited guarantee foundation registered in the Cayman Islands that stewards the expansion of the World Network. The sale was led by Pantera Capital, with additional participation from Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto, according to reporting from TechCrunch and CoinDesk.
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