cryptocurrency

Worldcoin is reportedly selling 117 million WLD in OTC deals

Worldcoin, a digital identity and token distribution project founded by Sam Altman in 2019, appears to have issued 117 million WLD tokens worth about $39 million through a counter sale, according to Lookonchain.

The tokens went to Binance and FalconX, the main institutional brokerage that handles large block trading for hedge funds and asset managers. On-chain data shows that the project received about $35 million in USDC in return, which means the effective selling price is around $0.3 per token.

WLD was trading around $0.32 at press time, a roughly 97% decline from its all-time high of $11.7 recorded in March 2024, per CoinGecko.

The peak value came at a time of great investor enthusiasm for artificial intelligence issues. Altman’s role at OpenAI has also made WLD a popular proxy bet for AI adoption.

Cliff opening July 2026

Worldcoin is set to open a major token in July, when more than 52% of the total supply of WLD is expected to enter circulation at once, according to DeFiLlama. This is among the largest limited token launches expected for any major crypto asset.

Meanwhile, Tools for Humanity team members, investors, and early contributors are still receiving tokens daily under a revised purchase plan that began in 2024, where approximately 80 percent of their WLD tokens will be redeemed within five years and the remainder within three years, as issuance has been ongoing since July 24, 2024.

Network and registration of identity

Worldcoin, which renamed its extensive ecosystem under the name “World” in 2024, has continued to expand its identity verification network. The project’s signature hardware device, Orb, enables iris scanners to generate private proof of identity without storing biometric data on-chain.

As of March 2026, more than 38 million users have registered in the World ID system, about 18 million of whom have completed full Orb-based authentication.

The project has established partnerships with consumer platforms including Razer and Tinder, positioning its technology as a defense against bots in games, dating, and other online areas.

World and Coinbase recently launched the beta of AgentKit to address the growing challenge of trust in the fast-growing internet of agents, where AI agents continue to perform tasks such as booking, purchasing, and comparing prices.

The system aims to complement payment-based access controls by adding identity-level authentication, providing a layer of trust that preserves privacy in the emerging agent web.

Disclosure: This article was edited by Vivian Nguyen. For more information about how we create and review content, see our Editorial Policy.



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