Worldcoin Price Eyes $0.30 As World Foundation Closes $65M OTC Sales
The post Worldcoin Price Eyes $0.30 As World Foundation Closes $65M OTC Sales appeared on BitcoinEthereumNews.com.
World Foundation has disclosed a new round of WLD token sales as the project continues to expand its identity and wallet network. The nonprofit said its subsidiary, World Assets, Ltd., closed $65 million in over-the-counter transactions with four counterparties during the past week. The update also gave the market fresh details on token pricing, lockup terms, and the planned use of funds. At the same time, traders are watching whether Worldcoin price can recover toward $0.30 after recent weakness. World Foundation Reports $65 Million WLD Sale World Foundation announced that the sales were completed at an average price of about $0.2719 per WLD. Based on that average, the transaction covered about 239 million tokens. The first settlement took place on March 20, 2026, while the remaining settlement transfers are tied to a designated World Assets multisig wallet. Also, $25 million worth of the tokens sold are subject to a six-month lockup period. That condition limits immediate resale for part of the allocation. The disclosure followed earlier market attention around large WLD transfers and gave a direct explanation of the latest token distribution activity. The organization said the capital raised will be used for core operations, research and development, Orb manufacturing, and ecosystem growth. Those spending areas remain central to the project roadmap as it continues to build identity tools and expand access to its services across more regions. Worldcoin Continues to Build Identity and Wallet Network Worldcoin, now branded as World, was co-founded by Sam Altman, Alex Blania, and Max Novendstern. The project combines biometric identity verification with blockchain-based tools to build a proof-of-personhood network. Its ecosystem includes World ID, the WLD token, World App, and World Chain. World ID remains one of the network’s core products. The system uses the Orb device to verify that a user is a…
Filed under: News - @ March 29, 2026 3:26 pm