World Network Sells $135M WLD Tokens, Price Surges 14%

Sam Altman’s World Network raised $135 million by selling WLD tokens to major investors, causing the token price to increase by 14%.

This sale supports global expansion of biometric IDs, reinforcing institutional confidence in digital identity initiatives.

$135M WLD Sale Targets Global ID Expansion

The $135 million WLD token sale by Sam Altman’s World Network targets expansion. Major investors include Andreessen Horowitz and Bain Capital Crypto, highlighting strong institutional confidence. World Network aims to grow its Orb-based ID infrastructure. Sam Altman focuses on biometric identity authentication systems. Andreessen Horowitz and Bain Capital Crypto are the investment leaders.

WLD Token Jumps 14% Following Major Sale

The sale led to a 14% surge in WLD token price. Investors reacted positively, reflecting strong demand for World Network’s offerings. Financial impacts include expanded infrastructure and U.S. market presence. The increased token circulation bolsters the project’s positioning within the decentralized identity sector.

World Network’s Historic $375M Total Funding

World Network previously raised $240 million in earlier funding rounds. The current sale marks its largest single fundraising accomplishment, indicative of increasing interest in digital identity projects. Past challenges included regulatory hurdles, yet sustained funding efforts showcase resilience. Experts suggest continued growth as institutional backing remains strong for these emerging technologies.

“The funding will drive global expansion and, crucially, the rollout of Orb-verified World IDs in the U.S. and worldwide to satisfy growing demand.” — Sam Altman, CEO of OpenAI and former president of Y Combinator, World Network