The Worldcoin Foundation sold 217 million WLD to institutions such as Pantera, at a 36% discount to the market price.

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BlockBeats message: On July 25, according to monitoring by EmberCN, the Worldcoin Foundation sold 217 million WLD to institutions including Pantera Capital about 8 hours ago, in exchange for approximately $52.5 million.

It is reported that the Worldcoin Foundation had not previously disclosed the specific sale price, but after the announcement was published, the team wallet transferred about 217.4 million WLD tokens to multiple addresses. Based on the number of tokens and the financing amount, the sale price for this transaction was approximately $0.24 per token, which is a discount of about 36% compared with the current market price of WLD.

The WLD tokens sold above must be locked up for 1 year, and institutional investors will be granted trading eligibility after the lock-up period ends.

WLD-10.42%
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