The World Foundation, the organization behind Worldcoin (WLD), announced it has completed a series of over-the-counter (OTC) token sales totaling $65 million over the past week. The sales were conducted with four different counterparties, with the first transaction settling on March 20, 2026. According to the official statement, the average selling price was approximately $0.2719 per WLD token.
Notably, $25 million worth of the sold tokens are subject to a six-month lock-up period, meaning they will not be immediately released into the market, potentially limiting short-term supply pressure. The Foundation stated that the raised capital will be allocated to operational expenses, research and development, orb device manufacturing, and ecosystem growth. Investments in orb production, a core component of Worldcoin's biometric identity verification infrastructure, are deemed critical for the project's global scaling objectives.
The announcement coincided with notable on-chain activity from a separate investor. An analyst identified a wallet linked to 'gentlemanjames.eth' withdrawing 4.75 million WLD tokens from a Uniswap liquidity pool and depositing them onto Binance. This move, which appears to have resulted in a significant realized loss, occurred against a backdrop of recent price weakness for WLD.
At the time of the reports, WLD was trading around $0.2717, with a 24-hour trading volume exceeding $235 million. While the token's price showed a modest gain of roughly 2% over 24 hours, it had declined by approximately 13% over the preceding seven-day period. The OTC sale price was virtually identical to the prevailing market price.
