Sam Altman’s World Foundation has raised $65 million through an over-the-counter (OTC) sale of its WLD token, which has hit new record lows.
In a Saturday post on X, the foundation said its token issuance arm, World Assets, completed the sale to four counterparties over the past week, with the first tranche settling on March 20.
The transactions were priced at an average of roughly $0.27 per token, suggesting that around 239 million Worldcoin changed hands.
“This sale funds the project’s core operations and activities, R&D, orb manufacturing, ecosystem development, and more,” World Foundation wrote on X. Of the total, $25 million worth of tokens are subject to a six-month lockup, while the remainder were immediately liquid.
Source: X.com
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