{"id":39445,"date":"2026-03-29T19:00:43","date_gmt":"2026-03-29T19:00:43","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=39445"},"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:\/\/cryptomag.finance\/?p=39445","title":{"rendered":"WLD Slides To New Lows As World Foundation Offloads $65M"},"content":{"rendered":"<p>A massive token unlock scheduled for late July could make things worse.<\/p>\n<p>Thailand authorities raided an iris-scanning site tied to Sam Altman\u2019s World project last October. That was trouble enough.<\/p>\n<p>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<p>World Foundation <a href=\"https:\/\/x.com\/worldcoinfnd\/status\/2037889907499094077?s=20\" rel=\"nofollow\">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<p>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 <a href=\"https:\/\/www.coingecko.com\/en\/coins\/worldcoin\" rel=\"nofollow\">WLD<\/a> changing hands.<\/p>\n<h2>A 76% Drop From Last Year\u2019s Deal Price<\/h2>\n<p>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<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">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<p>\u2014 World Foundation (@worldcoinfnd) <a href=\"https:\/\/twitter.com\/worldcoinfnd\/status\/2037889907499094077?ref_src=twsrc%5Etfw\" rel=\"nofollow\">March 28, 2026<\/a><\/p>\n<\/blockquote>\n<p>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<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">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<p>\u2014 World Foundation (@worldcoinfnd) <a href=\"https:\/\/twitter.com\/worldcoinfnd\/status\/2037889909298483699?ref_src=twsrc%5Etfw\" rel=\"nofollow\">March 28, 2026<\/a><\/p>\n<\/blockquote>\n<p>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<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">3\/ This sale funds the project\u2019s core operations and activities, R&amp;D, orb manufacturing, ecosystem development, and more.<\/p>\n<p>\u2014 World Foundation (@worldcoinfnd) <a href=\"https:\/\/twitter.com\/worldcoinfnd\/status\/2037889911169126631?ref_src=twsrc%5Etfw\" rel=\"nofollow\">March 28, 2026<\/a><\/p>\n<\/blockquote>\n<p>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<p>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<p><img decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/VsWKflVw\/\" width=\"1835\" height=\"951\" loading=\"lazy\" \/><\/p>\n<h2>Another Wave Of Supply Approaching<\/h2>\n<p>The pain may not be over. <a href=\"https:\/\/defillama.com\/unlocks\/worldcoin\" rel=\"nofollow\">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<p>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<p>Regulatory Heat Keeps Building<\/p>\n<p>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<p><em>Featured image from Pixabay, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":39446,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-39445","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WLD Slides To New Lows As World Foundation Offloads $65M - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=39445\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WLD Slides To New Lows As World Foundation Offloads $65M - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"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. 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