World Assets, a subsidiary of the World Foundation, has completed a significant token sale of $135 million involving its WLD tokens to early investors including Andreessen Horowitz and Bain Capital Crypto. This funding round is aimed at expanding the World Network’s Orb-based biometric digital identity system across major U.S. cities such as Atlanta, Miami, and San Francisco.
The World Network leverages iris-scanning Orb devices to create unique, AI-resistant digital identities, verified through biometric data without traditional credentials. Over 26 million users have joined the network, with more than 12.5 million holding verified World IDs.
This capital injection will accelerate the deployment of additional Orb scanners, increase WLD token circulation, and facilitate the development of mini applications within the World ecosystem. The project aims to build a reliable, self-sustaining identity verification infrastructure suitable for the growing challenges posed by artificial intelligence.
The token sale was conducted at market prices, with proceeds supporting both U.S. expansion and global scaling efforts. The protocol’s vision includes achieving financial self-sufficiency by charging fees within its app ecosystem, fueling ongoing operations and future innovations while incentivizing users with WLD tokens.
Market response has been positive, with the WLD token price surging approximately 6% alongside a 78% increase in 24-hour trading volume, reflecting heightened investor interest and confidence in the project’s growth trajectory. Backed by prominent investors and bolstered by rapid user adoption, World is positioning itself as a key player in establishing trusted human verification in the AI era.