World Foundation raises $52.5M in token sale

World Foundation has raised $52.5 million through a token sale, The Block reported. The sale was led by Pantera Capital, with participation from Bain Capital Crypto, Ateko Holdings, Celini Capital and Susquehanna Crypto. All tokens are subject to a one-year lockup, and the funds will be used to expand World ID technology for businesses, consumers and AI agents.