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What's New

World assets sells $65M WLD as token hits fresh pressure

Crypto
Last updated: March 29, 2026 10:08 pm
Crypto
Published: March 29, 2026
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World assets sells $65M WLD as token hits fresh pressure

World Foundation disclosed that its token issuance unit, World Assets, completed $65 million in over-the-counter sales of WLD tokens.  Summary World Assets sold 239 million WLD tokens for $65 million at about $0.2719 per token. WLD traded near $0.27 after hitting a record low of $0.2444 earlier during Saturday session. A July 2026 unlock will cover 52.5% of supply, equal to 169% of float currently. The update came as WLD traded near its recent low and as the market watched future token supply. World Assets said it sold WLD tokens to four counterparties over the past week. The first settlement took place on March 20, and the average sale price came to about $0.2719 per token. That pricing means the sales covered roughly 239 million WLD tokens in total. World Foundation also said $25 million worth of the sold tokens carry a six-month lockup period, while the remaining settlements will move through a designated World Assets multisig wallet. Proceeds target operations and product expansion According to the disclosure, World Assets will use the proceeds for core operations, research and development, orb manufacturing, and ecosystem development. The statement gave the market a clearer view of how the foundation plans to use the newly raised funds. The disclosure followed on-chain data flagged by Lookonchain on March 21. The analytics firm tracked a transfer of 117 million WLD tokens, valued at about $39 million, to Binance and FalconX, with about $35 million in USDC received in return. That transaction appears to match part of the broader OTC activity later disclosed by the foundation. In addition, the latest sales came at a much lower price than earlier WLD funding rounds. In May 2025, the project raised $135 million through a WLD sale to backers including Andreessen Horowitz and Bain Capital Crypto, at a time when WLD traded near $1.13. Earlier, in April 2024, the then-named Worldcoin Foundation said it planned to sell between 0.5 million and 1.5 million WLD per week through private placements to institutional trading firms. At that time, WLD traded near $5.43, which places the new average sale price far below earlier levels. Market watches price pressure and future token supply WLD traded near $0.27 at publication time after falling to an all-time low of $0.2444 earlier Saturday. The token is down about 97% from its March 2024 peak near $11.82. Its market cap stood near $850 million, while its fully diluted valuation was about $2.7 billion. The market is also watching a large token unlock scheduled to begin on July 23, 2026, according to DefiLlama data. The event covers about 52.5% of the total 10 billion WLD supply and equals roughly 169% of the current float.  Eightco Holdings, which launched a WLD treasury in September 2025, held 277 million WLD as of March 20. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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