Hold onto your wallets, folks! Worldcoin just snagged a whopping $135 million from a16z and Bain Capital Crypto by selling WLD tokens like they were hotcakes at a Sunday brunch. And guess what? This little financial fiesta has sent WLD’s total circulating supply soaring higher than my hopes for a good hair day! 💁♀️
So, what’s the plan with all this cash? Well, they’re diving headfirst into biometric data collection in the US. Yes, you heard that right! They’ve opened eye-scanning stations in six cities, because who doesn’t want to be scanned while grabbing a latte? ☕️👀
Worldcoin Fundraises with WLD Tokens
Worldcoin, the brainchild of OpenAI’s Sam Altman, announced this WLD sale on social media, probably while sipping a fancy latte. ☕️
In a press release that was definitely not written by a robot, they claimed that the $135 million will primarily fund biometric identity verification in the US. Because nothing says “trust me” like scanning your eyeballs! 👁️
“World Foundation raised $135 million from a16z and Bain Capital Crypto. Funding was through a recent direct purchase of liquid, market-priced WLD. The funding comes from two of World’s earliest backers and long-term holders — a16z and Bain Capital Crypto. This wasn’t a venture round. It was a direct purchase of non-discounted liquid tokens,” the firm stated. Sounds fancy, right? 🤓
Thanks to this investment deal, the number of WLD tokens has skyrocketed, and you can actually see it in the price data. Less than an hour before the big reveal, WLD’s market cap jumped by $135 million. Coincidence? Or just a really good day for WLD? 🤔
In any case, this major WLD investment could be the win Worldcoin desperately needs. Last December, German regulators threw a wrench in their data collection plans, and now Kenya and Indonesia are joining the party. 🎉
WLD recently spiked on rumors of OpenAI social media integration, but spoiler alert: nothing happened. Shocking, I know! 🙄
Besides a16z and Bain Capital Crypto, Worldcoin also mentioned a few other funders. Selini Capital, Mirana Ventures, and Arctic Digital joined in on a traditional funding round that apparently didn’t involve WLD tokens. Because why not keep things complicated? 🤷♀️
Thanks to this major investment, Worldcoin can keep cranking up its US operations while boosting WLD’s circulation and fame. The company didn’t make any specific promises about the $135 million, but they did chat about growing their user network and the endless possibilities of AI tech. Because who doesn’t love a good buzzword? 🤖
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2025-05-22 03:15