What Happened in the Latest WLD Token Sale?
World Assets, the token issuance arm of the World Foundation, has completed $65 million in over-the-counter sales of its WLD token to four counterparties. The transactions began settling on March 20 and were executed at an average price of approximately $0.27 per token, implying around 239 million tokens were sold.
Of the total, $25 million worth of tokens are subject to a six-month lockup period, while the remainder were immediately liquid. The foundation stated that proceeds will be used to fund operations, research and development, orb manufacturing, and broader ecosystem expansion.
The disclosure followed on-chain activity flagged by Lookonchain, which identified a transfer of 117 million WLD tokens to Binance and FalconX, with roughly $35 million in USDC received in return. That tranche appears to form part of the broader OTC activity.
How Does This Compare to Previous Fundraising Rounds?
The latest sale represents a sharp decline in valuation compared to prior fundraising events. In May 2025, the project raised $135 million at approximately $1.13 per token, while earlier pricing in April 2024 was around $5.43.
At roughly $0.27 per token, the new sale reflects a significant reset in pricing. The discount suggests weaker secondary market support and reduced demand relative to earlier funding rounds that included institutional backers such as Andreessen Horowitz and Bain Capital Crypto.
The continued use of OTC placements also points to a reliance on private liquidity channels rather than open market distribution, particularly as the token trades near historical lows.
Investor Takeaway
What Is Driving the Current Price Pressure?
WLD recently fell to an all-time low near $0.24, leaving it down approximately 97% from its March 2024 peak of around $11.82. The token has struggled to recover, with prices hovering close to the level of the latest OTC sale.
Ongoing supply expansion remains a central factor. A major token unlock is scheduled to begin on July 23, 2026, covering approximately 52.5% of the total 10 billion token supply. This equates to around 169% of the current circulating float, with daily vesting of roughly 4.79 million tokens.
Large holders also contribute to supply overhang. Nasdaq-listed Eightco Holdings holds 277 million WLD tokens as of March 20, making it the largest publicly traded holder and a potential source of future liquidity.
Investor Takeaway
What Broader Risks Surround the World Project?
The token sale comes alongside ongoing regulatory scrutiny in multiple jurisdictions. Since its launch, the World project has faced investigations and enforcement actions related to licensing and data handling practices, including scrutiny in countries such as Germany, Kenya, Indonesia, Brazil, and Thailand.
In Thailand, authorities previously raided an iris-scanning site linked to the project, citing potential violations of digital asset laws. These developments add to uncertainty around the project’s operational footprint and compliance framework.
At the same time, the reliance on biometric data and identity verification remains a distinguishing feature of the ecosystem, but also a source of regulatory and public sensitivity. Combined with sustained token supply expansion, these factors continue to weigh on market perception and long-term valuation.
