World Network Sells $135M in WLD; Token Surges 14% Amid Identity

WLD Worldcoin As the race to verify digital identity in the AI era accelerates, World Network’s latest funding round indicates growing investor conviction in its Orb-based approach. Journalist Hassan Shittu Journalist Hassan Shittu About Author Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in... Author Profile Share Copied Last updated: 4 hours ago Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews Key Takeaways: World Network has secured major funding through a private token sale to longstanding supporters. World Network’s identity protocol is designed to differentiate humans from AI. The project’s long-term strategy includes sustainability through protocol-based monetization and further scaling of its user base. Sam Altman’s World Network has raised $135 million through a private sale of its WLD token. The tokens were sold at market prices to Andreessen Horowitz (a16z) and Bain Capital Crypto, two of the project’s earliest backers. World Assets Ltd., a subsidiary of the World Foundation, which oversees the World Network, made the announcement on May 21. The team said the funding would help expand the network across the U.S. and globally, particularly to meet rising demand for Orb-verified World IDs. World Network Sells $135M in WLD Tokens to a16z and Bain Capital Crypto. According to the announcement, the group said, “Increasing demand for Orb-verified World IDs and support for the expansion of the World Network... https://cryptonews.com/news/world-network-135m-wld-sale-token-jumps-14-identity/ #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple