135M – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Fri, 23 May 2025 01:42:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 135M – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Worldcoin Jumps 10% After World Foundation Raises $135M Through Early Backers https://earlybirdsinvest.com/worldcoin-jumps-10-after-world-foundation-raises-135m-through-early-backers/ https://earlybirdsinvest.com/worldcoin-jumps-10-after-world-foundation-raises-135m-through-early-backers/#respond Fri, 23 May 2025 01:42:40 +0000 https://earlybirdsinvest.com/worldcoin-jumps-10-after-world-foundation-raises-135m-through-early-backers/

Sam Altman- backed Worldcoin is making headlines again as its native token WLD surged 10% in the past day following a major $135 million fundraising round lef by venture capital giants Anreesen Horowitz (a16z) and Bain Capital Crypto. 

According to the company, “this funding opportunity is in service to the long-term mission of World and is backed by the builders who believed in World from the beginning.”

World Foundation raised $135M from @a16z and @BainCapCrypto to accelerate scaling the real human network.

Funding was through a recent direct purchase of liquid, market-priced $WLD.

— World (@worldcoin) May 21, 2025

Worldcoin’s biometric identity platform, World ID, is expanding globally. The newly injected funds are primarily for US and other key markets. The company is actively deploying more Orb devices and developing mini-apps to streamline digital identity onboarding. 

“To date, more than 26M users participate in the World network and more than 12.5M people have an Orb-verified World ID,” the company said.

The World Foundation – the organization behind Worldcoin – announced on 21 May 2025 that it had raised $135 million through the sale of WLD tokens at market prices to early backers. 

Furthermore, the company announced that it is anticipated that World Network will become one of the first self-sustaining protocols.

Explore: 9+ Best High-Risk, High-Reward Crypto to Buy in May 2025

Overwhelmingly Positive Market Reaction

The market’s reaction to the funding announcement has been overwhelmingly positive. Trading volume for WLD surged 87% to over $508 million. Furthermore derivatives volume exploded by 112% to $879 million. Everything signals a renewed trader confidence.

Worldcoin’s price action continues to show signs of strengths. WLD recovered from $1.00 to $1.24. Furthermore, expanding Bollinger Bands suggest a possible breakout, with the next major resistance level at $1.30 and $1.38.

Sam Altman’s $WLD is flashing a textbook double bottom. Volume rising. Structure primed.

Worldcoin has huge potential:
• 7,500 new Orbs deploying this year
• Visa, Snap, Reddit, Tinder onboarded
• Future ChatGPT native integration?

10x just to revisit ATH. pic.twitter.com/ljj9xv818y

— Darτhy.eth (@Darthy_eth) May 20, 2025

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Recently Worldcoin Launched Iris Scanning Project In the US

Worldcoin (WLD) was made available in most of the US for the first time ever early this month. Its US debut will see it listed on Coinbase, the most popular crypto exchange in America.

Like its launch in Asia and other territories, participants who scan their eyes at a World Orb location were set to receive 16 WLD. However, it remains to be seen how popular the project will be in the US compared to other countries.

Explore: Sam Altman Backed Worldcoin Launches Iris Scanning in US

The Worldcoin website claims that over 12 million retinas have been scanned. There are currently 894 Orb locations around the world. Locations include Brazil, Germany, Japan, Singapore, and now the US.

Over 7,000 orbs will be available for iris scans at physical “World Space” locations. The locations are Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco, as well as in Razer gaming stores.

Worldcoin was created by Tools for Humanity, a start-up co-founded by Sam Altman.

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Key Takeaways

  • Worldcoin’s prie action continues to show signs of strengths. WLD recovered from $1.00 to $1.24.

  • Worldcoin’s biometric identity platform, World ID, is expanding globally. The newly injected funds are primarily for US and other key markets.

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Worldcoin Jumps 10% After World Foundation Raises $135M Through Early Backers

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World Foundation secures $135M via token sales to expand biometric Orb-verified IDs globally https://earlybirdsinvest.com/world-foundation-secures-135m-via-token-sales-to-expand-biometric-orb-verified-ids-globally/ https://earlybirdsinvest.com/world-foundation-secures-135m-via-token-sales-to-expand-biometric-orb-verified-ids-globally/#respond Thu, 22 May 2025 03:55:19 +0000 https://earlybirdsinvest.com/world-foundation-secures-135m-via-token-sales-to-expand-biometric-orb-verified-ids-globally/

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

According to the firm, 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.

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

The funding will be used to meet surging demand for Orb-verified World IDs and to expand the World network’s footprint across the US and globally. The transaction follows earlier fundraising rounds backed by investors such as Selini Capital, Mirana Ventures, and Arctic Digital.

Scalable solution

World’s 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.

The company’s core product, World ID, 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.

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.

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.

Self-sustaining protocol

Unlike traditional ID systems run by states or corporations, World aims to become a self-sustaining, decentralized protocol.

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.

While the project has faced regulatory scrutiny over its biometric data collection practices in some jurisdictions, its backers maintain that the protocol’s approach offers a transparent, privacy-preserving alternative to centralized identity systems.

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.

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.

Worldcoin Market Data

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

Crypto Market Summary

At the time of press 3:25 am UTC on May. 22, 2025, the total crypto market is valued at at $3.46 trillion with a 24-hour volume of $184.85 billion. Bitcoin dominance is currently at 63.25%. Learn more about the crypto market ›

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