World Foundation Raises $52.5 Million in Token Sale
JH Kim
Summary
- World Foundation raised $52.5 million through a token sale.
- The token sale was led by Pantera Capital, with Bain Capital Crypto and Susquehanna Crypto among the participating investors.
- All tokens sold will be subject to a one-year lock-up period, and the funds will be used to expand World ID technology.
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World Foundation raised $52.5 million through a token sale.
CoinDesk reported on July 24 that the sale was led by Pantera Capital, with Bain Capital Crypto, Atecho Holdings, Cellini Capital and Susquehanna Crypto also participating.
All tokens sold in the offering will be subject to a one-year lock-up period. The proceeds will be used to expand World ID technology for businesses, consumers and AI agents.
JH Kim
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