World Foundation Raises $52 Million as AI Drives Demand for ID Solutions
World Foundation raised $52.5 million in new funding to bring World ID technology to organizations, consumers and artificial intelligence (AI) agents. The organization raised the new funding by selling to strategic investors WLD tokens that are subject to a one-year lockup, it said in a Friday (July 24) press release . World Foundation is the independent nonprofit steward of the World protocol and aims to transition it to an open, decentralized protocol, expand community participation, and make