Sam Altman- backed Worldcoin is making headlines again as its native token WLD surged 10% in the past day following a major $135 million fundraising round lef by venture capital giants Anreesen Horowitz (a16z) and Bain Capital Crypto.
According to the company, “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.”
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Worldcoin’s biometric identity platform, World ID, is expanding globally. The newly injected funds are primarily for US and other key markets. The company is actively deploying more Orb devices and developing mini-apps to streamline digital identity onboarding.
“To date, more than 26M users participate in the World network and more than 12.5M people have an Orb-verified World ID,” the company said.
The World Foundation – the organization behind Worldcoin – announced on 21 May 2025 that it had raised $135 million through the sale of WLD tokens at market prices to early backers.
Furthermore, the company announced that it is anticipated that World Network will become one of the first self-sustaining protocols.
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The market’s reaction to the funding announcement has been overwhelmingly positive. Trading volume for WLD surged 87% to over $508 million. Furthermore derivatives volume exploded by 112% to $879 million. Everything signals a renewed trader confidence.
Worldcoin’s price action continues to show signs of strengths. WLD recovered from $1.00 to $1.24. Furthermore, expanding Bollinger Bands suggest a possible breakout, with the next major resistance level at $1.30 and $1.38.
https://twitter.com/Darthy_eth/status/1924882918024827221?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow
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Worldcoin (WLD) was made available in most of the US for the first time ever early this month. Its US debut will see it listed on Coinbase, the most popular crypto exchange in America.
Like its launch in Asia and other territories, participants who scan their eyes at a World Orb location were set to receive 16 WLD. However, it remains to be seen how popular the project will be in the US compared to other countries.
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The Worldcoin website claims that over 12 million retinas have been scanned. There are currently 894 Orb locations around the world. Locations include Brazil, Germany, Japan, Singapore, and now the US.
Over 7,000 orbs will be available for iris scans at physical “World Space” locations. The locations are Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco, as well as in Razer gaming stores.
Worldcoin was created by Tools for Humanity, a start-up co-founded by Sam Altman.
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The post Worldcoin Jumps 10% After World Foundation Raises $135M Through Early Backers appeared first on 99Bitcoins.
Disclosure: This article does not represent investment advice. The content and materials featured on this…
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