<ul><li>World Assets, a subsidiary of the World Foundation, has raised US$135 million through the sale of WLD tokens to early backers.</li><li>The funds will be used to expand the World network and meet the demand for Orb-verified World IDs, focusing on the United States and international markets.</li><li>World aims to implement protocol fees to become self-sustaining and has notable backers like Andreessen Horowitz and Bain Capital Crypto.</li><li>However, the project faces regulatory scrutiny worldwide, especially in countries like Argentina, France, the United Kingdom, and others over privacy and data concerns.</li></ul>

World Raises US$135M for Expansion Amid Ongoing Global Regulatory Scrutiny

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