Well, folks, the World Foundation has just announced that they’ve closed a few private transactions. You know, the usual-just casually funding core ecosystem operations and some light research and development. A mere $65 million. Chump change, really.
In an exhilarating twist of events that could only happen in the wild world of cryptocurrency, World Assets Limited-a darling subsidiary of Sam Altman’s World Foundation-has revealed that they managed to pull off a series of Over-the-Counter (OTC) sales totaling $65 million with not one, not two, but four lucky counterparties. Apparently, these transactions went down last week, with the initial settlement hitting the books on March 20, 2026. I mean, why not? Who wouldn’t want to throw around millions like it’s confetti at a parade?
These generous sales are meant to fund not just any old project operations, but Orb manufacturing, ecosystem development, and-get this-general research. This is high-stakes stuff, people! The average price per Worldcoin (WLD) token was a thrilling $0.2719, with a whopping $25 million of that total value set aside for a strict six-month lockup period. Because nothing says ‘trust me’ quite like locking up your funds for half a year while you pray to the crypto gods.
The remaining settlements are being pulled from the official World Assets multisig wallet address, which sounds very official and secure. This financial update is a corrective measure to fix previous errors regarding the Time-Weighted Average Price (TWAP)-because accurate public reporting is apparently all the rage with global stakeholders who are just dying to know the price of imaginary coins.
🧭 FAQs
• What is the total value of the recent OTC sales? Just a casual $65 million with four global counterparties. No big deal.
• When did the first settlement for these sales occur? The first transaction in this riveting series settled on March 20, 2026. Mark your calendars!
• Are there any restrictions on the sold WLD tokens? Oh, just $25 million worth that are currently under a six-month lockup period. Enjoy that cash flow, investors!
• How will the foundation use these newly raised funds? To support Orb manufacturing and other core ecosystem activities across various jurisdictions. Clearly, the future is bright-and round!
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2026-03-30 12:02