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Reading: World Foundation secures $135M via token sales to expand biometric Orb-verified IDs globally
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The cryptonews hub > Blog > Trending News > World Foundation secures $135M via token sales to expand biometric Orb-verified IDs globally
Trending News

World Foundation secures $135M via token sales to expand biometric Orb-verified IDs globally

Crypto Team
Last updated: May 22, 2025 8:17 am
Crypto Team
Published: May 22, 2025
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wp header logo 656 World Foundation secures $135M via token sales to expand biometric Orb-verified IDs globally

Based on CryptoSlate data, WLD was trading at $1.168 as of press time, up nearly 4% over the past 24 hours.

World’s central premise is that as AI continues to evolve rapidly, establishing proof of personhood will be critical to maintaining trust, governance, and economic participation in digital systems.

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To date, more than 12.5 million people have received an Orb-verified World ID, and the total user base of the World network has exceeded 26 million.

The company said the funding will accelerate Orb deployment, bolster infrastructure, and improve accessibility to World IDs, particularly in underrepresented regions where digital verification tools remain scarce.

Unlike traditional ID systems run by states or corporations, World aims to become a self-sustaining, decentralized protocol.

The organization has indicated that revenue from protocol-level fees and related services could eventually support network operations, allowing it to scale without perpetual dependence on external capital.

The renewed support from a16z and Bain highlights growing confidence among venture capitalists that decentralized identity may play a foundational role in the coming AI-dominated era.

The World Foundation framed this funding round as a step toward operational growth and a philosophical bet on the need for human-centric verification systems in an increasingly automated world.

source

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