Sam Altman’s World Foundation has sold $65 million worth of WLD in a series of over-the-counter trades, pressing ahead with a sizeable token sale just as the cryptocurrency slid to its weakest level on record.
The foundation disclosed on X that its issuance arm, World Assets, completed the transactions with four buyers over the past week, with the first settlement dated March 20. At an average price of about $0.27 per token, the deals point to roughly 240 million WLD being sold.
The foundation said the cash will be used to fund core operations, research and development, Orb manufacturing, and ecosystem expansion. It added that $25 million of the total sale is subject to a six-month lock-up, while the balance was made available immediately.
However, the sale comes at a difficult moment for the token, with WLD falling to about $0.245, down more than 97% from its peak near $11.74.
New Funds as WLD Stays Under Pressure
The sale gives World fresh operating capital, but it also arrives at a moment when sentiment around the token remains fragile. Even though the deal was struck off-market rather than through public markets, the size of the transfer is likely to keep traders focused on supply pressure, especially with a large portion of the tokens unlocked from day one.
For the project, the financing underlines a familiar balancing act, as World has continued to pitch itself as an infrastructure token for the AI era, while investors have increasingly judged it like any other token facing dilution, weak price action, and regulatory drag.
What World is Trying to Build
World, formerly known as Worldcoin, is a digital identity and crypto network built around the idea of proving that a user is a real person online. Its system revolves around World ID, a credential created after verification through the Orb, a device the project says confirms a person is unique without needing to know anything else about them. The broader ecosystem also includes World App and the WLD token.
World says it has grown to more than 22 million users globally, including more than 10 million Orb-verified humans.
That vision has drawn scrutiny from privacy regulators across several jurisdictions. In Spain, the data protection agency said Worldcoin made a legally binding commitment not to resume activity until Bavaria’s data authority reaches a final decision. Portugal suspended biometric data collection and later recognized Bavaria’s regulator as the lead authority for the case. In Brazil, the national data watchdog ordered the suspension of financial incentives tied to iris collection and later maintained that restriction. In Kenya, legal and regulatory pressure has remained intense after the High Court ruled the project’s biometric data collection unlawful, while local authorities later confirmed previously collected biometric data had been deleted.
Signs of Stabilization, Not a Breakout
On the one-hour chart, WLD appears to be stabilizing after a sharp drop rather than starting a full trend reversal, with the price rebounding from the $0.24-$0.25 area toward $0.28 and the RSI climbing to around 60, suggesting short-term momentum has improved.
The bounce has improved the near-term picture, but the chart has yet to show a clear reversal, as WLD faces resistance around $0.29 to $0.30, with support near $0.27 and stronger footing closer to $0.25. At this stage, the move appears to be a brief recovery rather than a breakout.
