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World Assets, a subsidiary of World Foundation, has secured $135 million in funding through a strategic sale of WLD tokens to venture firms a16z and Bain Capital Crypto. The funds will fuel the expansion of Orb-verified World IDs globally, addressing the growing need for digital identity solutions in an AI-driven era.
- World Foundation raised $135M via WLD token sales to a16z and Bain Capital Crypto to expand its biometric identity network.
- Over 12.5 million Orb-verified World IDs have been issued, with the total user base surpassing 26 million globally.
- The project aims to create a decentralized, self-sustaining identity protocol to counter AI-driven fraud and spam.
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Related Tags: Worldcoin
Other Tags: a16z, Mirana Ventures