Worldcoin Surges 10% Following World Foundation’s $135M Boost from Initial Investors
Worldcoin, backed by Sam Altman, is in the announcement once more as its native coin WLD increased by 10% over the last day, following a significant $135 million fundraising initiative led by prominent venture capital firms Andreessen Horowitz (a16z) and Bain Capital Crypto.
The organization stated, “this fundraising opportunity aligns with the long-term objectives of World, supported by the developers who have trusted in World from its inception.”
World Foundation secured $135M from @a16z and @BainCapCrypto to speed up the growth of the authentic human network.
Funding was facilitated through a recent direct acquisition of liquid, market-valued $WLD.
— World (@worldcoin) May 21, 2025
Worldcoin’s biometric identity initiative, World ID, is set to grow on a global scale. The fresh capital primarily targets the US and other significant markets. The company is actively working on deploying more Orb devices and creating mini-apps to enhance digital identity onboarding.
“Currently, over 26 million individuals are engaged in the World network, with more than 12.5 million users possessing an Orb-verified World ID,” the company added.
On May 21, 2025, the World Foundation – the entity behind Worldcoin – declared that it had acquired $135 million through the trading market sale of WLD tokens to early supporters.
Moreover, the company has expressed expectations that the World Platform will evolve into one of the pioneers of self-sustaining protocols.
Explore: 9+ Best High-Risk, High-Reward Crypto to Buy in May 2025
Exceptional Crypto market Enthusiasm
The market’s response to the funding news has been exceptionally positive. Trading volume for WLD skyrocketed by 87% to over $508 million. Additionally, derivatives volume surged by 112% to $879 million. All indicators reflect a resurgence in trader confidence.
Worldcoin’s price trajectory continues to exhibit signs of robustness. WLD rebounded from $1.00 to $1.24. In addition, expanding Bollinger Bands indicate a potential price breakout, with the next significant price ceiling points at $1.30 and $1.38.
Sam Altman’s $WLD is showcasing a classic double bottom. Volume is increasing. The structure is ready.
Worldcoin holds immense potential:
• 7,500 new Orbs being deployed this year
• Partnerships with Visa, Snap, Reddit, Tinder
• Possible future integration with ChatGPT?10x just to return to ATH. pic.twitter.com/ljj9xv818y
— Darτhy.eth (@Darthy_eth) May 20, 2025
Explore: Best New Cryptocurrencies to Invest in 2025
Worldcoin Recently Launched Iris Scanning Initiative In the US
Worldcoin (WLD) was made accessible throughout most of the US for the very first time earlier this month. Its US launch includes listing on Coinbase, the leading crypto exchange in the country.
Similar to its emergence in Asia and other regions, individuals who undergo iris scans at a World Orb site were promised 16 WLD. However, it remains uncertain how well-received the project will be in the US compared to other nations.
Explore: Sam Altman Backed Worldcoin Launches Iris Scanning in US
The Worldcoin website asserts that over 12 million retinas have been scanned. Currently, there are 894 Orb locations worldwide, including Brazil, Germany, Japan, Singapore, and now the US.
More than 7,000 orbs will be available for iris scanning at physical “World Space” venues. Locations include Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco, as well as at Razer gaming stores.
Worldcoin was established by Tools for Humanity, a start-up co-founded by Sam Altman.
DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now
Key Takeaways
-
Worldcoin’s price trajectory continues to display signs of strength. WLD has recovered from $1.00 to $1.24.
-
Worldcoin’s biometric identity network, World ID, is undergoing global expansion. The newly acquired funds predominantly target the US and other crucial markets.
The post Worldcoin Jumps 10% After World Foundation Raises $135M Through Early Backers appeared first on 99Bitcoins.