World Foundation Raises $65M in WLD Sale as Token Hits Record Lows
Key Takeaways
- World Foundation completed $65 million OTC sale of 239 million WLD to four counterparties.
- Average price was about $0.27 per WLD, with the token dipping to $0.24.
- About $25 million of the sale is locked for six months, $40 million unlocked.
$65M OTC Sale
World Foundation completed a $65 million OTC sale of WLD tokens.
“Bitget App Trade smarter Buy cryptoMarketsTradeFuturesEarnSquareMore Bitget News Sam Altman’s World Foundation sells $65M in WLD as token hits new lows Sam Altman’s World Foundation sells $65M in WLD as token hits new lows”
Approximately 239 million WLD changed hands.
$25 million worth of tokens are subject to a six-month lockup.
The sale funds core operations, R&D, orb manufacturing, and ecosystem development.
Token Hits Record Low
WLD fell to an all-time low of around $0.24 before recovering to $0.27.
It is down about 97% from its March 2024 peak near $11.82.
Market capitalization stands near $879 million.
Supply Overhang Risks
A major community token unlock is scheduled for July 23.
“The World token rose 27% as Sam Altman allegedly considers a biometric social network to eliminate bots”
It covers roughly 52.5% of the token's total supply.
This raises concerns about potential price pressure.
Steep Discount from Prior Rounds
The $65 million sale comes at a steep discount to prior rounds.
In May 2025, World raised $135 million at approximately $1.13 per token.
Saturday's OTC deals at $0.27 represent a 95% decline from April 2024.
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