Worldcoin (WLD) fell 13.4% to approximately $0.28 on Friday despite its parent company, World, announcing major new partnerships. The identity verification firm, led by OpenAI CEO Sam Altman, revealed integrations with Zoom, DocuSign, and Tinder for its iris-scanning “proof of human” technology. The price decline occurred as the broader cryptocurrency market rose 2.2% amid easing geopolitical tensions.
Worldcoin’s native token, WLD, lost significant value as the company expanded its identity verification stack. Zoom is integrating World’s Deep Face authentication to prevent deepfakes on video calls, while DocuSign is adding the tech to digital agreements.
Tinder is also expanding its World ID verification to users in the United States. The company stated these moves address a critical need as AI agents act on behalf of people.
“As AI agents increasingly act on behalf of real people, the infrastructure to prove a human stands behind each agent becomes critical,” World said. The rise of AI-generated content has led to sophisticated impersonation scams using deepfake technology.
Critics warn that collecting biometric data at scale raises significant privacy and surveillance risks. World’s technology is centered on its Orb device, which scans a user’s iris to create a unique digital identity.
The company has introduced an account-based system with features like key recovery for its verification stack. Other recent partners for World include Amazon Web Services, Shopify, and Coinbase.
Coinbase announced in March it would use World’s AgentKit for its x402 AI agents micropayments protocol. WLD is used to reward users for identity verification and enable transactions within the World Network.
