The World Foundation just closed a $53 million token sale, and the buyers won’t be able to touch their WLD for a full year.

Pantera led what the foundation is calling a “first close” of the WLD token sale, suggesting more capital could follow. The investor roster includes Bain Capital Crypto, Eightco Holdings, Selini, and Susquehanna.

The OTC playbook

The organization, which oversees the World Network (formerly Worldcoin), has been selling tokens from its existing supply to fund operations rather than minting new ones. WLD has a hard cap of 10 billion tokens, and governance-controlled inflation isn’t on the table until after 2038. So every operational dollar the foundation needs has to come from selling tokens it already holds.

Back in March 2026, the foundation executed a separate $65 million OTC sale through its subsidiary World Assets, Ltd., moving roughly 239 million WLD tokens at an average price of $0.27 each. Some of those tokens carried a six-month lockup. Before that, the project had raised $135 million from investors including Andreessen Horowitz and Bain Capital Crypto, capital earmarked for expanding its biometric verification hardware known as the Orb.