Andreessen Horowitz, one of the most well-known investors, invested $135 million in this altcoin!

World Assets, a subsidiary of World Foundation, announced that it has conducted a total sale of WLD tokens worth 135 million dollars to early supporters of the project, Andreessen Horowitz and Bain Capital Crypto.

The revenue generated from sales made at market price will be used for the expansion of World Network in the US and globally.

World aims to build a digital identity infrastructure that separates people from machines in an age where artificial intelligence is rapidly advancing. According to its official website, this sale is intended to support World’s long-term vision while also contributing to the protocol reaching a self-sustaining structure.

So far, over 26 million users from more than 160 countries have joined the World Network. More than 12.5 million people have verified their identity through World’s unique iris scanning device, Orb, and obtained a World ID. The company has increased the supply of WLD tokens to meet the growing demand for identity verification services with Orb.

Among the previously announced investors are names like Selini Capital, Mirana Ventures, and Arctic Digital.