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Sam Altman’s World Sells 239M WLD Tokens Worth $65M To Fund Project’s Core Operations

Coingapestaff
March 29, 2026
Coingapestaff

Coingapestaff

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World sells $65M WLD tokens via OTC deals

Highlights

  • World completes $65M OTC sale of 239M WLD tokens with four counterparties over one week.
  • $25M in WLD locked for six months, limiting immediate supply pressure in markets.
  • Funds target operations, R&D, orb production, and ecosystem growth initiatives.

Sam Altman’s World completed $65 million in WLD token sales through OTC deals over the past week, according to The World Foundation. The World transactions involved four counterparties, with the first settlement recorded on March 20, 2026. The sales funded operations, research, and infrastructure, executed through World Assets, Ltd. at an average price of $0.2719.

World OTC Sales Structure and Lockup Details

According to The World Foundation, World Assets, Ltd. handled the OTC transactions across multiple counterparties. The sales totaled 239 million WLD tokens, based on the disclosed average price. The transactions did not occur in a single day, as settlements began on March 20 and continued afterward.

Source: Arkham Intelligence

However, the World Foundation did not disclose the identities of the four counterparties involved in the deals. It also avoided breaking down the size of each individual transaction. Instead, the announcement focused on the aggregate funding outcome and settlement structure.

Meanwhile, $25 million worth of the sold tokens remains under a six-month lockup period. This restriction prevents immediate market entry for that portion. As a result, short-term circulating supply pressure remains partially contained.

Additionally, the remaining settlements will move through a specified World Assets multisig wallet. The foundation provided the wallet reference to track transaction flows tied to these sales.

Funds Directed to Operations 

The World Foundation outlined how it plans to use the $65 million raised from the token sales. The funds will support core operations, including staffing and ongoing project execution. Also, a portion will fund research and development tied to system improvements.

World, which is backed by Sam Altman, also allocated capital toward orb manufacturing, a key component of its biometric authentication system. These devices form the backbone of World’s identity verification infrastructure. As a result, World production expansion is a priority for scaling global operations.

In addition, the World funding will support ecosystem development, which includes maintaining network activity and supporting broader platform growth initiatives. However, the foundation did not provide a detailed spending breakdown across these categories.

WLD Price Movement 

Following the World Foundation announcement, the WLD price recorded a 4.39% price increase within 24 hours, reaching $0.2744. However, the token still shows a 14% decline over the same period, indicating ongoing volatility.

Source: TradingView

Meanwhile, market capitalization is at $852 million, while the fully diluted valuation is at $2.74 billion. The unlocked market cap is at $1.33 billion. Additionally, the 24-hour volume-to-market cap ratio measures 35.91%.

Supply data shows a total of 10 billion WLD tokens, with 3.1 billion currently in circulation. The network reports approximately 1.34 million holders.

From a price structure perspective, support levels range between $0.2500 and $0.2600. Resistance is between $0.2800 and $0.2900. However, the broader trend continues to show downward pressure despite the recent uptick.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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