Sam Altman’s World Raises $135mn in Token Sale to a16z and Bain Capital Crypto.

Sam Altman’s World Raises $135mn in Token Sale to a16z and Bain Capital Crypto.

Sam Altman’s blockchain project World Network has raised $135 million in a private token sale of its WLD token.

The sale was to venture capital giants a16z and Bain Capital Crypto and will be used to fund network expansion, the team shared.

The funding comes as the group behind the blockchain announced the project’s in-app functionalities as well as the WLD token has become available as of earlier this month to U.S. users.

During the announcement earlier this month, Altman shared that the project hopes to have to give 180 million Americans access to Orbs, more than half the country’s population, by the end of the year.

True Markets Raises $11mn in Series A, Launches Mobile-First DeFi Trading App on Solana.

True Markets, a new decentralized finance (DeFi) trading platform focused on stablecoin-native execution, has launched its mobile app on Solana and closed an $11 million Series A, bringing total funding to $20 million, the company said in a press release Tuesday.

The funding round was co-led by Accomplice and RRE Ventures, with participation from Reciprocal Ventures, Variant Fund, and PayPal Ventures.

Seed investors Paxos Ventures and the Solana Foundation, continue to support the firm, True Markets said.

The app enables stablecoin-powered token trading on Solana, with gasless execution, smart order routing, and embedded key management via Turnkey, all without users surrendering custody of funds, True Markets said.

a16z Crypto Leads $7mn Round in KYD Labs That Aims to Transform Ticketing Industry.

Venture capital firm a16z Crypto has led a $7 million seed round for KYD Labs, a blockchain-based ticketing platform.

KYD Labs aims to give artists and venues control over ticket sales, fan data, and revenue, addressing issues of lost revenues.

The platform, built on Solana, allows fans to purchase tickets quickly and plans to expand to over 100 U.S. venues by 2026.

Vinanz Secures $4mn in Convertible Debt to Support U.S. Expansion and Nasdaq Listing Efforts.

Vinanz PLC, a London-listed Bitcoin mining company, has secured a $4 million investment agreement as it advances its U.S. growth strategy and prepares for a possible dual listing on the Nasdaq Stock Market.

The funding was arranged through Dominari Securities, a U.S.-based investment bank that has worked with Vinanz since April 2025.

The company confirmed that the capital would be used to bolster its exposure to the Bitcoin sector while it continues evaluating its Nasdaq listing options.

The conversion price is the lower of 25 pence per share or 95% of the lowest single daily volume-weighted average price (VWAP) recorded during the 10 trading days preceding the investor’s conversion election.

Apex Group Buys Majority Stake in Tokenization Specialist Tokeny as RWA Trend Soars.

Apex Group has acquired a majority stake in Tokeny, a firm specializing in tokenizing real-world assets on public blockchains.

The acquisition aligns with a growing interest in tokenization among traditional financial firms, with reports projecting the tokenized assets balloon to a trillion-dollar market.

Tokeny, which will be folded into Apex, has facilitated the tokenization of over $32 billion in assets and is known for its ERC-3643 standard for digital asset transfers.

You need to login in order to Like