The World Project has successfully raised $65 million through an over-the-counter (OTC) sale of WLD tokens amid the strategic development of its ecosystem.
This is reported by Business • Media
Details of the WLD Token Placement and Terms of the Deal
The World Foundation has announced the completion of a series of OTC sales of WLD tokens totaling $65 million. Over the past week, deals were made with four different counterparties, with the first settlements occurring on March 20, 2026.
1/ World Assets, Ltd. has now closed a series of OTC sales for a total of $65,000,000 with four counterparties over the past week, the first of which settled on March 20, 2026.
The average sale price of the tokens was approximately $0.2719 per unit. Of the total amount, $25 million is subject to a six-month lock-up, meaning a temporary sales prohibition. Other transactions were completed through a multi-signature wallet, providing an additional level of security for the parties involved in the deal.
Funding for Ecosystem and Technology Development
The funds raised will be invested by the World team in several key areas:
- current operational activities;
- research and innovation projects (R&D);
- production of Orb devices for biometric identification;
- development of the World ecosystem.
It is worth noting that in 2024, the World Network project (formerly Worldcoin) underwent rebranding and launched its own L2 network, World Chain, on the Ethereum platform. At the beginning of 2026, interest in the project significantly increased amid discussions about launching a social network with biometric verification from OpenAI. As a result, the price of the WLD token temporarily surged to $0.65 but later returned to a lower level.
As of the time of preparing this material, the WLD token is trading at $0.2728, according to TradingView.
Despite its active development, the World project has received criticism regarding its approaches to digital identification, particularly due to the use of biometric iris scanning technologies, which are associated with the name of OpenAI co-founder Sam Altman.
At the same time, the project team emphasizes that World aims to ensure financial inclusion and expand people’s access to the digital economy.