21 May 2025
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Sam Altman’s World Network Secures $135 Million in Private Token Sale
Sam Altman's blockchain project World Network has raised $135 million in a private token sale of its WLD token, backed by a16z and Bain Capital Crypto. The funds will support network expansion.
Key points:
- The WLD token increased by 14% following the news.
- The circulating supply of WLD has increased as part of the funding round.
- WLD's market capitalization is currently $1.87 billion, reflecting a 55% rise over the past month.
- The token remains down approximately 75% from its all-time high.
- U.S. users can now access World’s orbs for identity verification, enabling participation in the app and token airdrops.
- Altman aims to provide access to Orbs for 180 million Americans by year-end.