The token’s grand opening expected at the end of July could make matters worse.
Collaborative Reading
Thai authorities seized an iris-watching website linked to Sam Altman’s World project last October. That was a problem enough.
Now the foundation behind the biometric identity platform is selling its token for a fraction of what it paid less than a year ago – and the market isn’t doing well.
World Foundation to be revealed On Saturday, its token issuing arm, World Assets, completed the sale of WLD tokens worth $65 million, spread to four buyers last week.
The first group was settled on March 20. Based on the selling price of about $0.27 per token, the deal involved about 239 million. WLD change hands.
76% Discount From Last Year’s Sale Price
The numbers tell the story. In May 2024, World raised $135 million at about $1.13 per token from backers including Andreessen Horowitz and Bain Capital Crypto.
1/ World Assets, Ltd. has now closed $65,000,000 worth of OTC sales and four others last week, the first of which was settled on March 20, 2026.
– World Foundation (@worldcoinfnd) March 28, 2026
This latest sale came out of the gate at $0.27 – a 76% drop from that round. The foundation says the findings will support major projects, research and development, orb production, and environmental projects.
2/ Trading was done at an average price of ~$0.2719/WLD. The $25,000,000 worth of tokens sold has a lock-up period of 6 months.
– World Foundation (@worldcoinfnd) March 28, 2026
Not all trading signals are closed. Of the $65 million, only $25 million takes six months to close. Everything else was immediately available for sale, meaning that buyers could move the tokens on the open market immediately.
3/ This sale funds the project’s operations, R&D, orb production, ecosystem development, and more.
– World Foundation (@worldcoinfnd) March 28, 2026
WLD briefly touched an all-time low of $0.24 after the sale was announced before returning to $0.27. At that price, the token is about 97% below the $11.82 recorded in March 2024.
According to Coingecko data, WLD was trading at $0.2725 as of the most recent reading, a rise of 0.27% in the 24-hour period.
Another Lot of Supply Approaching
The pain is unbearable. Data from DefiLlama shows the massive opening of the community is set for July 23, covering about 52% of the total WLD of 10 billion tokens. Such releases increase the selling pressure – and come at a time when the indicator is close to its lowest point.
Global governance issues have also followed this work across borders. Indonesian authorities have suspended the registration of international IDs due to compliance concerns. Brazil banned the platform’s eye-tracking service. Germany reopened its investigation. Kenya has pushed back hard on privacy.
Collaborative Reading
Extreme Heat Continues to Heat
The Thai invasion added another to the list. Officials there, working through the Securities and Exchange Commission along with the Cyber Crime Investigation Bureau, said the iris scanner may have operated without the necessary authorization. An arrest was made and the investigation remains open.
Image taken from Pixabay, chart from TradingView
