Worldcoin Raises $65M via WLD OTC Sale
The post Worldcoin Raises $65M via WLD OTC Sale appeared on BitcoinEthereumNews.com.
World Foundation closed a $65M OTC sale of WLD tokens across four counterparties. $25M worth face a 6-month lockup. Orb production and R&D are next. World Assets, Ltd. has closed a series of OTC transactions totaling $65,000,000. Four counterparties were involved. The first deal settled on March 20, 2026, according to World Foundation on X. The tokens moved at an average price of approximately $0.2719 per WLD. A portion of that haul, $25 million worth of tokens, carries a six-month lockup period, as World Foundation disclosed in a follow-up post. One Sale. Four Deals. A Lot of Questions. World Foundation confirmed on X that the capital goes toward core project operations. That covers R&D, orb manufacturing, and broader development activity. No timeline or budget breakdown was shared. On-chain intelligence platform Lookonchain painted a wider picture. Worldcoin sold 226.43 million WLD tokens in nine days via OTC, receiving 63 million USDC. They also moved 35.8 million USDC to Circle for cash conversion, as Lookonchain posted on X. That same post noted a pattern going back roughly two years. Worldcoin had been regularly selling WLD through Flow Traders and Wintermute every few days. This time, 226.43M WLD changed hands in a single block trade. That scale drew immediate attention. The Deleted Post Nobody Missed World Foundation noted on X that an earlier post was removed because it contained an incorrect average TWAP figure. The correction was published in its place. Not everyone accepted that explanation. X user @Marrenin responded directly, writing that the original post was saved and calling the deletion an attempt to avoid explaining what happened to the token’s value. The comment drew reactions, though World Foundation did not reply publicly. The remaining settlement transactions will come from the World Assets multisig wallet at address 0xE79718Fe76c718fE98a9a3D106FCa773a40861a3, as World Foundation disclosed.…
Filed under: News - @ March 29, 2026 7:22 pm