World Foundation Raises $52.5M for WLD Ecosystem Expansion
World Foundation closes $52.5M strategic sale of WLD tokens, led by Pantera Capital. Funds target World ID adoption; total project financing hits ~$492.5M.
Woofun AI reports that the World Foundation has finalized a $52.5 million strategic financing round involving WLD tokens. Pantera Capital led the investment, joined by Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto. All sold tokens are locked for one year and are designated exclusively for use within the World Network ecosystem, carrying no equity interest in Tools for Humanity.
The capital will support the expansion of World ID technology among businesses, individual users, and AI agents. The protocol utilizes Orb biometric verification to confirm human identity without revealing personal data. World ID is integrated with platforms including Zoom, DocuSign, Okta, Vercel, and Tinder, serving over 39 million registered users, with more than 18 million having completed Orb verification. This round brings the project's total financing to approximately $492.5 million.
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