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World Network (WLD) News: $135M Fundraising as Orbs Reach U.S. Users

  • In May 2025, World Network secured $135 million through a token sale led by major venture capital firms, including a16z and Bain Capital's crypto division, to support the expansion of its biometric identity technology both domestically and internationally.
  • The funding followed months of token decline and recent availability of Worldcoin’s orb-based identity verification to U.S. Users, aiming to meet growing demand for Orb-verified World IDs.
  • World Network’s core product, World ID, issues decentralized biometric IDs via Orb devices to prove personhood without revealing personal data, helping combat AI-related fraud and identity theft.
  • Sam Altman emphasized the funding supports positioning for the AI era by enhancing human-machine distinction tools, while WLD token price surged 13-14% on positive market response and increased trading volume.
  • The raise signals growing venture capital confidence but could invite regulatory scrutiny over biometric data; World Network aims to scale sustainably as a decentralized protocol in the evolving digital identity landscape.
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Coin Desk broke the news in Manila, Philippines on Wednesday, May 21, 2025.
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