World Raises $65 Million Through WLD Token Sales for Ecosystem Development

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World Raises $65 Million Through WLD Token Sales for Ecosystem Development

The World project has successfully completed a series of over-the-counter (OTC) sales of WLD tokens, raising $65 million for the development of its ecosystem. The deal was made with four different counterparties over the course of a week, with the first settlements occurring on March 20, 2026.

This is reported by Finway

Details of the Deal and Use of Funds

The average sale price of WLD tokens was approximately $0.2719 per unit. As part of this operation, $25 million is subject to a six-month lock-up — a restriction on sales that ensures the long-term stability of the asset. The remaining transactions will be completed through a multi-signature wallet of the World developers.

“1/ World Assets, Ltd. has now closed a series of OTC sales for a total of $65,000,000 with four counterparties over the past week, the first of which settled on March 20, 2026.”

The raised investments are planned to be directed towards supporting operational activities, research and development (R&D), the production of Orb biometric devices for user identification, and further development of the World ecosystem.

Project Development and Market Situation

It is worth noting that in 2024, the World team underwent a rebranding and announced the launch of its own L2 network, World Chain, which operates on the Ethereum platform. Since the beginning of 2026, interest in the project has significantly increased amid news of a potential launch of a new social network with biometric verification from OpenAI. During this period, the price of the WLD token temporarily rose to $0.65, although it later returned to previous levels.

As of March 2026, the WLD token is trading at $0.2728, according to data from the Binance exchange.

Daily chart of WLD/USDT on Binance. Source: TradingView.

Despite significant progress and active expansion, the World initiative faces criticism over the use of biometric data for digital identification. The project, co-founded by Sam Altman from OpenAI, involves identity verification through iris scanning.

At the same time, World positions itself as a tool for expanding financial inclusion, aimed at providing broader access to the digital economy for various segments of the population.