Worldcoin's native token WLD surged 10% after raising $135 million through a fundraising round led by venture capital giants Anreesen Horowitz and Bain Capital Crypto.
The funding will be used to scale the real human network of World Foundation, primarily expanding its biometric identity platform, World ID, globally.
Market reactions to the funding have been positive, with increased trading and derivatives volumes for WLD, indicating renewed trader confidence.
Worldcoin recently launched an iris scanning project in the US, introducing its WLD token in the country for the first time and expanding its presence through physical 'World Space' locations.