Worldcoin has raised $135 million through the sale of WLD tokens for US biometric identity verification.
The investment will be utilized for expanding biometric data collection operations in the US, particularly in eye scanning infrastructure across multiple states.
The fundraising involved major investors like 16z and Bain Capital Crypto, along with other funders like Selini Capital, Mirana Ventures, and Arctic Digital.
Worldcoin, founded by Sam Altman to differentiate between AI bots and humans, will focus on enhancing operations, infrastructure, and AI technology capabilities with the newly generated capital.