{"id":145475,"date":"2026-03-29T19:00:43","date_gmt":"2026-03-29T19:00:43","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=145475"},"modified":"2026-03-29T19:00:43","modified_gmt":"2026-03-29T19:00:43","slug":"wld-slides-to-new-lows-as-world-foundation-offloads-65m","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=145475","title":{"rendered":"WLD Slides To New Lows As World Foundation Offloads $65M"},"content":{"rendered":"

A massive token unlock scheduled for late July could make things worse.<\/p>\n

Thailand authorities raided an iris-scanning site tied to Sam Altman\u2019s World project last October. That was trouble enough.<\/p>\n

Now the foundation behind the biometric identity platform is selling its own token at a fraction of what investors paid less than a year ago \u2014 and the market is not taking it well.<\/p>\n

World Foundation disclosed<\/a> Saturday that its token issuance arm, World Assets, completed an over-the-counter sale of WLD tokens worth $65 million, spread across four buyers over the past week.<\/p>\n

The first batch settled on March 20. Based on an average sale price of roughly $0.27 per token, the deal involved around 239 million WLD<\/a> changing hands.<\/p>\n

A 76% Drop From Last Year\u2019s Deal Price<\/h2>\n

The numbers tell the story. In May 2024, World raised $135 million at approximately $1.13 per token from backers including Andreessen Horowitz and Bain Capital Crypto.<\/p>\n

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.<\/p>\n

\u2014 World Foundation (@worldcoinfnd) March 28, 2026<\/a><\/p>\n

This latest sale went out the door at $0.27 \u2014 a 76% drop from that round. The foundation said the proceeds will fund core operations, research and development, orb manufacturing, and ecosystem work.<\/p>\n

2\/ The sale was conducted at an average price of ~$0.2719\/WLD. $25,000,000 worth of the tokens sold are subject to a 6-month lockup period.<\/p>\n

\u2014 World Foundation (@worldcoinfnd) March 28, 2026<\/a><\/p>\n

Not all the tokens sold are locked up. Of the $65 million total, only $25 million worth carry a six-month lockup period. The rest were immediately available to trade, meaning buyers could move those tokens on the open market right away.<\/p>\n

3\/ This sale funds the project\u2019s core operations and activities, R&D, orb manufacturing, ecosystem development, and more.<\/p>\n

\u2014 World Foundation (@worldcoinfnd) March 28, 2026<\/a><\/p>\n

WLD briefly touched an all-time low of $0.24 after the sale was announced before clawing back to around $0.27. At that price, the token sits roughly 97% below its peak of $11.82 recorded in March 2024.<\/p>\n

According to Coingecko data, WLD was trading at $0.2725 as of the latest reading, up just 0.27% over a 24-hour period.<\/p>\n

Another Wave Of Supply Approaching<\/h2>\n

The pain may not be over. Data<\/a> from DefiLlama shows a major community token unlock is set for July 23, covering about 52% of WLD\u2019s total supply of 10 billion tokens. That kind of release typically adds selling pressure \u2014 and it arrives at a time when the token is already near its lowest point ever.<\/p>\n

World\u2019s regulatory problems have also followed the project across borders. Authorities in Indonesia suspended World ID registration over compliance concerns. Brazil banned the platform\u2019s eye-scanning operation. Germany opened its own inquiry. Kenya pushed back hard on data privacy grounds.<\/p>\n

Regulatory Heat Keeps Building<\/p>\n

The Thailand raid added another entry to that list. Officials there, working through the Securities and Exchange Commission alongside the Cyber Crime Investigation Bureau, said the iris-scanning service may have operated without the required license. Arrests were made and an investigation remains open.<\/p>\n

Featured image from Pixabay, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

A massive token unlock scheduled for late July could make things worse. Thailand authorities raided an iris-scanning site tied to Sam Altman\u2019s World project last October. That was trouble enough. Now the foundation behind the biometric identity platform is selling its own token at a fraction of what investors paid less than a year ago […]<\/p>\n","protected":false},"author":0,"featured_media":145476,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-145475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/145475"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=145475"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/145475\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/145476"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=145475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=145475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=145475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}