The World Foundation has raised $65 million through a sale of its WLD token at a significant discount as the cryptocurrency trades near record lows. The token is down 97% from its 2024 peak, with a major supply unlock scheduled for July. The project also faces expanding regulatory scrutiny from authorities in multiple countries.
The World Foundation confirmed it raised $65 million via an over-the-counter WLD token sale. The deal with four counterparties occurred over the past week, beginning on March 20.
Approximately 239 million tokens were sold at an average price of $0.27 each. The foundation stated the funds will support operations, research, and ecosystem development.
WLD’s price briefly fell to around $0.24 following the announcement, marking a new all-time low. The token later recovered to approximately $0.27, trading down nearly 97% from its March 2024 peak.
Additional market pressure is anticipated from a major token unlock set for July 23. Data indicates this event will release about 52.5% of the total 10 billion token supply.
The recent sale price reflects a sharp decline from a May 2025 fundraising round. The foundation previously raised $135 million with tokens valued at about $1.13.
Regulatory challenges for the project are mounting across several nations. Authorities in Thailand raided an iris-scanning facility last October, alleging unlicensed operation.
The project is also under scrutiny in Indonesia, Germany, Kenya, and Brazil. Concerns primarily focus on licensing and the handling of sensitive biometric data.
