No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, April 19, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

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

by TheAdviserMagazine
3 weeks ago
in Cryptocurrency
Reading Time: 4 mins read
A A
Sam Altman’s World Sells 239M WLD Tokens Worth M To Fund Project’s Core Operations
Share on FacebookShare on TwitterShare on LInkedIn


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.



Source link

Tags: 239M65MAltmansCorefundOperationsProjectsSamsellstokensWLDworldWorth
ShareTweetShare
Previous Post

The Gas Station Trick Criminals Use to Steal Cars While You Pump — And How to Stop It

Next Post

Jim Cramer Says Stocks Like Generac (GNRC) “Make a Ton of Sense to Own Right Here” in Theory

Related Posts

edit post
Asteroid Shiba’s 68,000% Rally Leaves Traders Stunned After Elon Musk Reply

Asteroid Shiba’s 68,000% Rally Leaves Traders Stunned After Elon Musk Reply

by TheAdviserMagazine
April 18, 2026
0

One trader flipped a single ETH into more than $470,000 in just a few hours. Another held a position for...

edit post
Hex Trust Brings 1:1 Backed Wrapped XRP to Solana’s Ecosystem – Bitcoin News

Hex Trust Brings 1:1 Backed Wrapped XRP to Solana’s Ecosystem – Bitcoin News

by TheAdviserMagazine
April 18, 2026
0

Key Takeaways: Wrapped XRP launched on Solana this week, backed 1:1 by Hex Trust with roughly 834,498 wXRP in circulation....

edit post
Iran Oil Tanker Fees Still Dominated by USDt, No Signs of BTC Yet: BPI

Iran Oil Tanker Fees Still Dominated by USDt, No Signs of BTC Yet: BPI

by TheAdviserMagazine
April 18, 2026
0

Iran’s government naming Bitcoin (BTC) as a payment method for oil ships crossing the Strait of Hormuz highlights its role...

edit post
US envoy criticizes Israel’s strategy, hints at diplomatic shift with Iran

US envoy criticizes Israel’s strategy, hints at diplomatic shift with Iran

by TheAdviserMagazine
April 18, 2026
0

US Ambassador Thomas Barrack denounced Israel’s “kinetic elimination” strategy at the Antalya Diplomacy Forum, pointing toward a diplomatic pivot. Iran’s...

edit post
SEC Outlines Crypto As Top Priority In Pro-Innovation Agenda

SEC Outlines Crypto As Top Priority In Pro-Innovation Agenda

by TheAdviserMagazine
April 18, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission (SEC)...

edit post
CoinGape Announces Web3 Innovation Awards 2026, Nominations Open

CoinGape Announces Web3 Innovation Awards 2026, Nominations Open

by TheAdviserMagazine
April 18, 2026
0

CoinGape is actively accepting responses for the Web3 Innovation Awards 2026, a jury-reviewed recognition program that honors projects, products, protocols,...

Next Post
edit post
Jim Cramer Says Stocks Like Generac (GNRC) “Make a Ton of Sense to Own Right Here” in Theory

Jim Cramer Says Stocks Like Generac (GNRC) “Make a Ton of Sense to Own Right Here” in Theory

edit post
Saudi pipeline to bypass Hormuz hits 7 million barrel goal

Saudi pipeline to bypass Hormuz hits 7 million barrel goal

  • Trending
  • Comments
  • Latest
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

March 27, 2026
edit post
Virginia Permits ADULT MIGRANT MEN To Attend High School

Virginia Permits ADULT MIGRANT MEN To Attend High School

March 30, 2026
edit post
A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

March 30, 2026
edit post
Tax Flight Accelerates In Massachusetts

Tax Flight Accelerates In Massachusetts

April 6, 2026
edit post
Property Tax Relief & Income Tax Relief

Property Tax Relief & Income Tax Relief

April 1, 2026
edit post
Putin finally admits Russia’s economy is in trouble and grasps for answers

Putin finally admits Russia’s economy is in trouble and grasps for answers

0
edit post
Socrates & The War | Armstrong Economics

Socrates & The War | Armstrong Economics

0
edit post
Four MEA Countries Race to Build Crypto Rulebooks as Global Licensing Push Accelerates

Four MEA Countries Race to Build Crypto Rulebooks as Global Licensing Push Accelerates

0
edit post
WaFd Jumps 7.5% Amid Sector-Wide Selling

WaFd Jumps 7.5% Amid Sector-Wide Selling

0
edit post
Leumi Partners-led consortium eyes 20% stake in Edeltech

Leumi Partners-led consortium eyes 20% stake in Edeltech

0
edit post
Tax firm AI platform vs. point solution: 2026 buyer’s guide

Tax firm AI platform vs. point solution: 2026 buyer’s guide

0
edit post
Socrates & The War | Armstrong Economics

Socrates & The War | Armstrong Economics

April 19, 2026
edit post
People who laugh before they finish telling a painful story aren’t handling it well. They’re releasing the listener from having to respond to it seriously, which is a skill they learned from people who couldn’t.

People who laugh before they finish telling a painful story aren’t handling it well. They’re releasing the listener from having to respond to it seriously, which is a skill they learned from people who couldn’t.

April 18, 2026
edit post
Asteroid Shiba’s 68,000% Rally Leaves Traders Stunned After Elon Musk Reply

Asteroid Shiba’s 68,000% Rally Leaves Traders Stunned After Elon Musk Reply

April 18, 2026
edit post
Trump speeds review of psychedelics after Joe Rogan texted him about ibogaine. ‘Let’s do it’

Trump speeds review of psychedelics after Joe Rogan texted him about ibogaine. ‘Let’s do it’

April 18, 2026
edit post
The ‘Inherited House’ Audit: Why the IRS Is Scrutinizing 2026 Home Sales Following a Parent’s Passing

The ‘Inherited House’ Audit: Why the IRS Is Scrutinizing 2026 Home Sales Following a Parent’s Passing

April 18, 2026
edit post
Hex Trust Brings 1:1 Backed Wrapped XRP to Solana’s Ecosystem – Bitcoin News

Hex Trust Brings 1:1 Backed Wrapped XRP to Solana’s Ecosystem – Bitcoin News

April 18, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Socrates & The War | Armstrong Economics
  • People who laugh before they finish telling a painful story aren’t handling it well. They’re releasing the listener from having to respond to it seriously, which is a skill they learned from people who couldn’t.
  • Asteroid Shiba’s 68,000% Rally Leaves Traders Stunned After Elon Musk Reply
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.