World Foundation Completes $65 Million WLD Token Sale
- World Foundation’s subsidiary, World Assets, Ltd., sold approximately 239 million WLD tokens for $65 million through over-the-counter (OTC) deals with four counterparties.
- The first transaction settled on March 20, 2026, with $25 million in tokens locked for six months to prevent immediate resale.
- Funds will support core operations, R&D, manufacturing of iris-scanning Orb devices, and ecosystem expansion.
- WLD is currently trading at around $0.27, down 13.5% over the past week.
- The token previously peaked at $11.7 in March 2024.
Trading Analysis
Trading Signal: BEARISH (Score: -6)
The recent token sale and declining price suggest negative market sentiment.
Price Levels:
Current: $0.27
Support: Not specified | Resistance: Not specified
Recent Range: Not specified
Catalysts & Timeline:
• Near-term: Token lockup expiration in six months
Risk Assessment:
• Significant supply increase from OTC sales could pressure prices further.
Historical Context:
• WLD has declined significantly from its peak of $11.7 in March 2024.
The World Foundation’s recent sale of WLD tokens highlights a strategic move to fund its operations and expand its ecosystem amid a bearish market sentiment for the token.
Source (3.2)https://cryptobriefing.com/wld-token-sales-otc-deals/?rand=59535
