Sam Altman’s Worldcoin Raises $135M, WLD Token Surges 25%
From Yahoo Finance: 2025-05-29 19:02:00
Worldcoin, co-founded by OpenAI CEO Sam Altman, raised $135 million through a direct sale of its WLD token, driving a 25% surge in the token’s value to $1.55 within 24 hours of the May 21 announcement. The sale attracted major investors like Andreessen Horowitz and Bain Capital Crypto, adding over 100 million tokens to circulation.
With over 26 million users and 12.5 million verifications completed, Worldcoin aims to provide scalable human verification tools in the age of AI. The project is rapidly expanding its Orb infrastructure across the U.S., deploying in major cities and planning to distribute 7,500 Orbs by the year’s end, enabling biometric verification for 180 million Americans.
Despite ambitious expansion plans, Worldcoin faces regulatory challenges in Spain, Indonesia, and Kenya due to concerns about data privacy and biometric compliance. Investors like Andreessen Horowitz and Bain Capital Crypto, who previously backed Tools for Humanity, demonstrated confidence in the project by purchasing $135 million worth of WLD tokens at full market price, despite a 90% price decline over the past 14 months.
Read more at Yahoo Finance: Sam Altman’s Worldcoin Raises $135M, WLD Token Surges 25%