WLD Slides To New Lows As World Foundation | Crypto News
A large token unlock scheduled for late July may make issues worse.
Thailand authorities raided an iris-scanning website tied to Sam Altman’s World project last October. That was bother enough.
Now the muse behind the biometric id platform is promoting its own token at a fraction of what buyers paid less than a yr in the past — and the market isn’t taking it nicely.
World Foundation disclosed Saturday that its token issuance arm, World Assets, accomplished an over-the-counter sale of WLD tokens value $65 million, unfold across 4 patrons over the past week.
The first batch settled on March 20. Based on an average sale price of roughly $0.27 per token, the deal concerned around 239 million WLD altering palms.
A 76% Drop From Last Year’s Deal Price
The numbers inform the story. In May 2024, World raised $135 million at roughly $1.13 per token from backers including Andreessen Horowitz and Bain Capital Crypto.
1/ World Assets, Ltd. has now closed a sequence of OTC gross sales for a whole of $65,000,000 with 4 counterparties over the past week, the first of which settled on March 20, 2026.
— World Foundation (@worldcoinfnd) March 28, 2026
This latest sale went out the door at $0.27 — a 76% drop from that spherical. The basis said the proceeds will fund core operations, research and development, orb manufacturing, and ecosystem work.
2/ The sale was carried out at an average price of ~$0.2719/WLD. $25,000,000 value of the tokens offered are subject to a 6-month lockup period.
— World Foundation (@worldcoinfnd) March 28, 2026
Not all the tokens offered are locked up. Of the $65 million whole, only $25 million value carry a six-month lockup period. The relaxation have been immediately obtainable to commerce, which means patrons may transfer those tokens on the open market instantly.
3/ This sale funds the project’s core operations and actions, R&D, orb manufacturing, ecosystem development, and more.
— World Foundation (@worldcoinfnd) March 28, 2026
WLD briefly touched an all-time low of $0.24 after the sale was announced before clawing back to around $0.27. At that price, the token sits roughly 97% below its peak of $11.82 recorded in March 2024.
According to Coingecko data, WLD was trading at $0.2725 as of the latest studying, up just 0.27% over a 24-hour period.
Another Wave Of Supply Approaching
The pain will not be over. Data from DefiLlama exhibits a major neighborhood token unlock is set for July 23, protecting about 52% of WLD’s whole provide of 10 billion tokens. That variety of release sometimes provides promoting stress — and it arrives at a time when the token is already close to its lowest level ever.
World’s regulatory issues have also adopted the project across borders. Authorities in Indonesia suspended World ID registration over compliance considerations. Brazil banned the platform’s eye-scanning operation. Germany opened its own inquiry. Kenya pushed back exhausting on data privateness grounds.
Regulatory Heat Keeps Building
The Thailand raid added another entry to that checklist. Officials there, working through the Securities and Exchange Commission alongside the Cyber Crime Investigation Bureau, said the iris-scanning service could have operated without the required license. Arrests have been made and an investigation stays open.
Featured image from Pixabay, chart from TradingView
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