World Project Raises $65 Million Through WLD Token Sale
- World Foundation completed OTC sales of WLD tokens, raising $65 million.
- The average sale price for the tokens was approximately $0.2719.
- $25 million of the funds is subject to a six-month lock-up period.
- Proceeds will support operational activities and R&D, including biometric identification devices.
- In 2024, World Network rebranded from Worldcoin and launched the World Chain Layer2 network on Ethereum.
The funds raised will enhance the project’s digital ecosystem and support its commitment to financial inclusion through innovative technologies like biometric verification systems.
With a significant capital influx of $65 million, World is positioned for growth while addressing concerns about its biometric identification methods.(Source)
