No Result
View All Result
Global Finances Daily
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers
No Result
View All Result
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers
  • Login
Global Finances Daily
No Result
View All Result
Home Crypto

Sam Altman’s World sells 239 million WLD through OTC deals with partial lockup

March 28, 2026
in Crypto
0
Sam Altman’s World sells 239 million WLD through OTC deals with partial lockup


World Foundation, the non-profit entity behind the biometric identity verification protocol formerly known as Worldcoin, disclosed today that its subsidiary completed the sale of around $65 million in WLD tokens through a series of over-the-counter deals with four counterparties over the past week.

Based on the disclosed average price, World Assets, Ltd., the unit responsible for token issuance and distribution, sold approximately 239 million WLD tokens.

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.

— World Foundation (@worldcoinfnd) March 28, 2026

Of the $65 million raised, $25 million in tokens are locked up for six months to prevent immediate selling by buyers, as noted by the team.

The first settlement was completed on March 20, with the remaining transfers conducted from a designated World Assets multisig wallet. Funds are earmarked for core operations, R&D, manufacturing of the project’s iris-scanning Orb devices, and expansion of the ecosystem.

The disclosure comes after blockchain analytics firm Lookonchain reported last week that World offloaded 117 million WLD tokens valued at $39 million via OTC trades.

WLD traded at around $0.27 at press time, down 13.5% in the past week, CoinGecko data shows. The token once peaked at $11.7 in March 2024.

Tom Lee-backed Eightco Holdings is the largest publicly traded holder of WLD, controlling 277 million tokens as of March 20.

Founded in 2019 by Sam Altman, Alex Blania, and Max Novendstern, Worldcoin combines biometric identity verification with crypto to pioneer a global proof-of-personhood system.

Its ecosystem features the Orb-based World ID, the WLD token, the World App wallet, and the World Chain layer 2 network.

World ID has verified nearly 18 million unique humans, with close to 39 million World App users. The network spans 160-plus countries, supported by 948 active Orbs, and continues to grow with over 60,000 new accounts and 16,000 verifications in the past week.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.



Editorial Team

Editorial Team

Related Posts

Shiba Inu
Crypto

39 Billion SHIB: Shiba Inu’s Woes Are Far From Over As Sell-Offs Continue

March 28, 2026
How AI Agents Can Reshape Arbitrage in Prediction Markets
Crypto

How AI Agents Can Reshape Arbitrage in Prediction Markets

March 28, 2026
Pi Network sets April 6 node deadline as protocol 21 goes live
Crypto

Pi Network sets April 6 node deadline as protocol 21 goes live

March 28, 2026
Crypto firm Goliath Ventures files for bankruptcy after CEO arrested over alleged $328M Ponzi scheme
Crypto

Crypto firm Goliath Ventures files for bankruptcy after CEO arrested over alleged $328M Ponzi scheme

March 28, 2026
Bitcoin
Crypto

Bitcoin At Risk? Odds Tilt Toward Drop Below $66K This April

March 28, 2026
Google, Banks to Back $5B Anthropic Data Center in Texas: Report
Crypto

Google, Banks to Back $5B Anthropic Data Center in Texas: Report

March 28, 2026
Load More

Popular News

  • Josh Garber

    How to Contact Hilton Customer Service

    0 shares
    Share 0 Tweet 0
  • 5 Things to Know About the Japanese Airlines USA Credit Card

    0 shares
    Share 0 Tweet 0
  • 5 Things to Know About the Exxon Mobil Credit Card

    0 shares
    Share 0 Tweet 0
  • Sainsbury’s makes major change to shopping as supermarket introduces Tesco Clubcard style savings

    0 shares
    Share 0 Tweet 0
  • China’s ByteDance agrees deal to hand control of TikTok US app to new joint venture

    0 shares
    Share 0 Tweet 0

Latest News

Sam Altman’s World sells 239 million WLD through OTC deals with partial lockup

Sam Altman’s World sells 239 million WLD through OTC deals with partial lockup

March 28, 2026
0

World Foundation, the non-profit entity behind the biometric identity verification protocol formerly known as Worldcoin, disclosed today that its subsidiary...

Work Based Learning Manager - HigherEdJobs

Work Based Learning Manager – HigherEdJobs

March 28, 2026
0

JOB SUMMARY:The Division of Academic Affairs is seeking a full-time Work-Based Learning Manager. The Work-Based Learning Manager...

Shiba Inu

39 Billion SHIB: Shiba Inu’s Woes Are Far From Over As Sell-Offs Continue

March 28, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Shiba Inu is facing renewed selling pressure...

How AI Agents Can Reshape Arbitrage in Prediction Markets

How AI Agents Can Reshape Arbitrage in Prediction Markets

March 28, 2026
0

Prediction markets aggregate human judgment in theory, but some of their consistent trading opportunities may end up captured by systems...

Global Finances Daily

Welcome to Global Finances Daily, your go-to source for all things finance. Our mission is to provide our readers with valuable information and insights to help them achieve their financial goals and secure their financial future.

Subscribe

  • About Us
  • Contact
  • Privacy Policy
  • Terms of Use
  • Editorial Process

© 2025 All Rights Reserved - Global Finances Daily.

No Result
View All Result
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers

© 2025 All Rights Reserved - Global Finances Daily.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.