World Foundation Completes $65 Million WLD OTC Sale as Token Hits All-Time Low

The World Foundation, the organization supporting the digital identity project Worldcoin, completed a $65 million over-the-counter sale of its WLD token on March 28, 2026, with transactions priced at an average of $0.27 per token as the cryptocurrency fell to a record low of $0.24.

The sale to four counterparties, settled through subsidiary World Assets Ltd with initial tranche closing on March 20, adds supply pressure to a token already down 97% from its March 2024 peak and precedes a major community unlock scheduled for July 2026.

World Foundation Structures OTC Sale with Six-Month Lockup for $25 Million Tranche

World Assets Ltd executed the over-the-counter transaction with four private counterparties over the week ending March 28, 2026, with pricing averaging $0.2719 per WLD token. The total sale represents approximately 239 million WLD tokens changing hands based on the transaction value and average price.

The foundation stated that proceeds from the sale will fund core operations, research and development, orb manufacturing, and ecosystem development. Of the total $65 million raised, $25 million worth of tokens are subject to a six-month lockup period restricting immediate secondary market entry, while the remainder was immediately liquid.

Blockchain analytics indicate a sustained pattern of structural divestment by World-affiliated entities over the past two years, with tokens systematically offloaded through market makers including Flow Traders and Wintermute. This latest sale follows a May 2025 fundraising round that raised $135 million at approximately $1.13 per token from backers including Andreessen Horowitz and Bain Capital Crypto.

WLD Price Drops 97% from Peak as Major Token Unlock Approaches

WLD briefly fell to an all-time low of $0.24 following the sale announcement before recovering to approximately $0.27. The token trades 97% below its March 2024 peak of $11.82, with a current market price of $0.2725 as of March 30, 2026 according to CoinMarketCap data.

Additional supply pressure is scheduled for July 23, 2026, when a community token unlock will release approximately 52.5% of WLD’s 10 billion total supply, according to DefiLlama data. The unlock represents a significant increase in circulating supply that may impact market dynamics.

The token’s decline reflects sustained selling pressure from both foundation-level divestment and broader market conditions. The current price represents a 76% discount to the May 2025 fundraising round valuation.

Regulatory Scrutiny Intensifies with Thailand Raid and International Investigations

Thai authorities raided a World-linked iris scanning site in October 2025, with the country’s Securities and Exchange Commission working with the Cyber Crime Investigation Bureau to investigate potential violations of digital asset laws for operating without a license. The raid resulted in arrests and an ongoing investigation.

The Thailand action adds to a series of regulatory challenges World has faced since its 2023 launch. Investigations and regulatory pushback have occurred in Indonesia, Germany, Kenya, and Brazil, with authorities raising concerns about licensing requirements and the handling of sensitive biometric data collected through the project’s iris-scanning Orbs.

World’s core proposition centers on providing proof of humanness to distinguish humans from artificial intelligence agents online, but the biometric data collection model has drawn sustained scrutiny from privacy regulators across multiple jurisdictions.

FAQ

How much WLD did the World Foundation sell in the March 2026 OTC transaction?

The World Foundation sold approximately 239 million WLD tokens for $65 million at an average price of $0.27 per token. The sale was conducted through subsidiary World Assets Ltd with four counterparties, with $25 million of the tokens subject to a six-month lockup.

When is the next major WLD token unlock scheduled?

A major community token unlock is scheduled for July 23, 2026, which will release approximately 52.5% of WLD’s total 10 billion supply into circulation, according to DefiLlama data.

What regulatory actions has World faced regarding its biometric data collection?

Thai authorities raided a World-linked iris scanning site in October 2025, investigating potential digital asset law violations. The project has also faced regulatory scrutiny in Indonesia, Germany, Kenya, and Brazil over licensing requirements and biometric data handling practices.