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World Foundation Raises $65M in WLD Token OTC Sales to Fund Global Expansion

World Foundation Raises $65M in WLD Token OTC Sales to Fund Global Expansion. Source: (Photo by Steve Jennings/Getty Images for TechCrunch

The World Foundation, the organization behind Sam Altman's biometric identity project, has successfully raised $65 million through over-the-counter WLD token sales. The transactions involved four undisclosed counterparties, with the first settlement recorded on March 20, 2026, and were executed by World Assets, Ltd. at an average token price of $0.2719, representing approximately 239 million WLD tokens sold in total.

While the foundation confirmed the aggregate figures, it chose not to reveal the identities of the buyers or break down individual transaction sizes. Notably, $25 million worth of the tokens sold remains under a six-month lockup, limiting immediate circulation and helping manage short-term supply pressure in the market. Remaining settlements will be processed through a designated World Assets multisig wallet, which provides on-chain transparency for tracking fund flows.

The capital raised is earmarked for several operational priorities. These include staffing, ongoing project execution, research and development, and orb manufacturing — the biometric hardware central to World's identity verification system. The foundation also plans to channel funds toward broader ecosystem development to sustain network activity and platform growth, though a detailed budget breakdown was not disclosed.

Following the announcement, WLD price climbed 4.39% within 24 hours to reach $0.2744. Despite this short-term momentum, the token still reflects a 14% decline over a longer window, pointing to continued market volatility. Current market capitalization stands at approximately $852 million, with a fully diluted valuation of $2.74 billion. Circulating supply is 3.1 billion out of a total of 10 billion tokens, distributed among roughly 1.34 million holders. Key support sits between $0.25 and $0.26, while resistance is clustered near the $0.28 to $0.29 range. The broader price trend remains under downward pressure despite the recent uptick driven by the funding news.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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