Crypto

World Coin, WLD Price Surges 10% Following a New Funding Round of 20 Billion Yen

2025/05/22 17:22 (Updated 2025/05/23 05:01)
CoinPost
Written by L.Kikutani
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World Coin, WLD Price Surges 10% Following a New Funding Round of 20 Billion Yen

Accelerating Expansion in the US

On the 21st, World Network, a human authentication platform using biometric technology, announced the sale of 20 billion yen worth of WLD tokens to prominent venture capital firms Andreessen Horowitz (a16z) and Bain Capital Crypto. Both firms are early investors in the project, and the funds raised are aimed at accelerating its expansion in the US and globally. Currently, over 26 million people use World Network, and 12.5 million have already acquired a World ID through biometric authentication using the 'Orb' iris scanning device. This project, co-founded by Sam Altman, CEO of OpenAI, is rapidly advancing...

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Iolite Vol.13

May 2025 issueReleased on 2025/03/28
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