Crypto Giants Pour $135M into Digital IDs—Brace Yourselves! 🚀💸

Crypto Giants Pour $135M into Digital IDs—Brace Yourselves! 🚀💸

In what surely appears to be a plot straight out of a sci-fi novel, World Assets, a humble subsidiary of the formidable World Foundation, has managed to *sell* a mere $135 million worth of its WLD tokens to none other than the investment powerhouses Andreessen Horowitz and Bain Capital Crypto. Yes, you read that right. That’s a lot of zeros—and a lot of digital magic.

Funding to Support World Network Expansion (Or How to Make Digital Identity Even More Global)

Now, hold onto your hats, because apparently this sale is meant to support the worldwide ambitions of the World Network, pushing it into the U.S. of A. — because what the world really needs right now is more digital IDs, right? World Assets is selling WLD tokens at market price (“market,” as in, what you might pay for a latte—if that latte was made of pure cryptocurrency and potentially infinite possibility). This cash infusion is targeting Orb-verified World IDs, which sound as secure as your grandma’s secret cookie recipe—except in digital form, of course.

And oh, what serendipity! The announcement of this glorious sale coincided with a little mini rally—a surge from under $1.15 to a shiny $1.25. That’s right, within just two hours, WLD was performing what can only be described as a digital dance, with its circulating supply swelling by over 100 million tokens—because what’s a little inflation without a dash of hype? Meanwhile, the 24-hour trading volume spiked by over 75%, making everyone’s crypto wallet smile—or cry; it’s hard to say.

According to a statement from the grand masters of the world (well, World), this isn’t their first rodeo. Prior investments include such luminaries as Selini Capital, Mirana Ventures, and Arctic Digital—probably a list that sounds as exotic as it is impressive.

In a world where AI is evolving faster than your grandmother’s knitting skills, World warns us that the need to tell humans apart from machines has never been more urgent. As if the rise of robots wasn’t enough, society faces profound risks if we don’t develop proper tools to verify who’s really human—because nothing screams ‘trustworthy’ like digital IDs backed by billion-dollar investments.

Backed by long-time supporters and briskly marching towards world domination (or at least a global digital identity system), the sale of millions in WLD to these venture capital titans only furthers the quest. Plus, it helps position the World Network as a pioneering, self-sustaining research entity—because apparently, the future is a giant digital clubhouse, and we’re all invited.

And as for the users? Over 26 million individuals worldwide have already joined the party, with more than 12.5 million proudly sporting their Orb-verified World ID. This cash boost promises to speed things up—think of it as giving a turbo shot of fuel to a digital rocket heading straight into the brave new world where everyone’s identity can be verified, or so they hope.

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2025-05-22 09:11