Sam Altman’s World Foundation Sells $65 Million in WLD as Token Hits Record Low

World Foundation is the nonprofit organization behind Sam Altman’s World ecosystem, which uses Orb iris scans to support World ID identity verification. WLD is its native token. With WLD down about 97% from its all-time high, the foundation’s latest large token sale has heightened market concerns about funding needs and dilution.

World Foundation recently sold about $65 million in WLD through over-the-counter (OTC) transactions. The proceeds will fund project operations, research and development, and Orb manufacturing. WLD briefly fell below $0.24 following the news, setting a record low. Markets are also watching a large token unlock scheduled for July, as additional tokens entering circulation could prolong supply pressure.