The World Foundation, the independent, nonprofit steward of the protocol, raised $52.5 million in a new funding round through a locked token sale to strategic investors to expand its digital verification infrastructure as artificial intelligence (AI) disrupts online ecosystems.
The capital injection, led by Pantera Capital alongside Bain Capital Crypto and Eightco Holdings, will be deployed to integrate identity technology across enterprise platforms and AI agents.
The World Network raised $135 million in its first funding round in May of last year in a private token sale of its world coin (WLD) token to venture capital giants a16z and Bain Capital Crypto. WLD is currently priced at roughly $0.34 with a market capitalization of just over $1.3 billion
Poised to become the world’s most prominent “real humans’ network”, the project previously known as Worldcoin aims to establish an identity layer to distinguish unique individuals from automated bots. The protocol relies on custom hardware, known as an Orb, to issue credentials without compromising user privacy.
To date, more than 39 million people have joined the World Network, with more than 18 million humans verified by an Orb, World said in the funding announcement press release.
The network has utilized more than 475 million World ID proofs since its launch, scaling its capacity alongside the rollout of its updated, enterprise-ready infrastructure, it added.
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