World Foundation sells WLD to raise $52.5 million to accelerate promotion of World ID

According to The Block, World Foundation raised $52.5 million through strategic sale of WLD tokens, with all tokens locked for one year. The first round of delivery in this round is led by Pantera Capital, with participation from Bain Capital Crypto, Eightco Holdings, Selini Capital, Susquehanna Crypto, and others. The World Foundation stated that the WLD sold this time is only for internal use within World Network and does not represent any equity or revenue rights in Tools for Humanity.