{"id":850234,"date":"2025-05-22T09:11:51","date_gmt":"2025-05-22T14:11:51","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/22\/world-foundation-secures-135m-via-token-sales-to-expand-biometric-orb-verified-ids-globally\/"},"modified":"2025-05-22T09:11:51","modified_gmt":"2025-05-22T14:11:51","slug":"world-foundation-secures-135m-via-token-sales-to-expand-biometric-orb-verified-ids-globally","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/22\/world-foundation-secures-135m-via-token-sales-to-expand-biometric-orb-verified-ids-globally\/","title":{"rendered":"World Foundation secures $135M via token sales to expand biometric Orb-verified IDs globally"},"content":{"rendered":"
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\"World World Foundation secures $135M via token sales to expand biometric Orb-verified IDs globally<\/span> Assad Jafri \u00b7<\/span> 14 hours ago<\/span> \u00b7 2 min read<\/span> <\/span> <\/span> <\/span> <\/span><\/p>\n

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World Assets raised the $135 million through a strategic token sale to venture capital firms a16z and Bain Capital.<\/p>\n

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2 min read<\/span><\/p>\n

Updated:<\/span> May. 22, 2025 at 3:25 am UTC<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n

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World Assets, a subsidiary of World Foundation (formerly Worldcoin<\/a>), has raised $135 million through a strategic sale of WLD<\/a> tokens to venture firms Andreessen Horowitz (a16z) and Bain Capital Crypto, both early supporters of the fast-growing digital identity initiative.<\/p>\n

According to the firm<\/a>, the tokens were sold at prevailing market prices, which proportionately increased the circulating supply of WLD. World Assets conducts recurring tranche-based token sales to trading firms as part of its operations.<\/p>\n

Based on CryptoSlate data, WLD was trading at $1.168 as of press time, up nearly 4% over the past 24 hours.<\/p>\n

The funding will be used to meet surging demand for Orb-verified World IDs and to expand the World network\u2019s footprint<\/a> across the US and globally.\u00a0The transaction follows earlier fundraising rounds backed by investors such as Selini Capital, Mirana Ventures, and Arctic Digital.<\/p>\n

Scalable solution<\/h2>\n

World\u2019s central premise is that as AI continues to evolve rapidly, establishing proof of personhood will be critical to maintaining trust, governance, and economic participation in digital systems.<\/p>\n

The company\u2019s core product, World ID<\/a>, uses biometric verification via its proprietary Orb devices to issue decentralized identity credentials. These IDs allow users to verify their humanity without revealing personal information, a feature the company says will be crucial in mitigating AI-driven fraud, spam, and identity theft.<\/p>\n

To date, more than 12.5 million people have received an Orb-verified World ID, and the total user base of the World network has exceeded 26 million.<\/p>\n

The company said the funding will accelerate Orb deployment, bolster infrastructure, and improve accessibility to World IDs, particularly in underrepresented regions where digital verification tools remain scarce.<\/p>\n

Self-sustaining protocol<\/h2>\n

Unlike traditional ID systems run by states or corporations, World aims to become a self-sustaining, decentralized protocol.<\/p>\n

The organization has indicated that revenue from protocol-level fees and related services could eventually support network operations, allowing it to scale without perpetual dependence on external capital.<\/p>\n

While the project has faced regulatory scrutiny<\/a>\u00a0over its biometric data collection practices in some jurisdictions<\/a>, its backers maintain that the protocol\u2019s approach offers a transparent, privacy-preserving alternative to centralized identity systems.<\/p>\n

The renewed support from a16z and Bain highlights growing confidence among venture capitalists that decentralized identity may play a foundational role in the coming AI-dominated era.<\/p>\n

The World Foundation framed this funding round as a step toward operational growth and a philosophical bet on the need for human-centric verification systems in an increasingly automated world.<\/p>\n

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Worldcoin Market Data<\/h6>\n

At the time of press 3:25 am UTC on May. 22, 2025<\/span>, Worldcoin<\/a> is ranked #53 by market cap and the price is up 10.79%<\/span><\/strong> over the past 24 hours. Worldcoin has a market capitalization of $1.84 billion<\/strong> with a 24-hour trading volume of $401.98 million<\/strong>. Learn more about Worldcoin \u203a<\/a><\/p>\n

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Crypto Market Summary<\/h6>\n

At the time of press 3:25 am UTC on May. 22, 2025<\/span>, the total crypto market is valued at at $3.46 trillion<\/strong> with a 24-hour volume of $184.85 billion<\/strong>. Bitcoin dominance is currently at 63.25%<\/strong>. Learn more about the crypto market \u203a<\/a><\/p>\n<\/div>\n<\/div>\n

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Read More<\/a>
\n Assad Jafri<\/p>\n","protected":false},"excerpt":{"rendered":"

World Foundation secures $135M via token sales to expand biometric Orb-verified IDs globally Assad Jafri \u00b7 14 hours ago \u00b7 2 min read World Assets raised the $135 million through a strategic token sale to venture capital firms a16z and Bain Capital. 2 min read Updated: May. 22, 2025 at 3:25 am UTC Cover art\/illustration<\/p>\n","protected":false},"author":1,"featured_media":850235,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25981,644],"tags":[],"class_list":{"0":"post-850234","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-foundation","8":"category-world"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/850234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=850234"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/850234\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/850235"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=850234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=850234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=850234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}