Overview
- World Foundation disclosed Saturday it completed $65 million in over-the-counter WLD sales to four buyers, with the first settlement on March 20.
- Tokens changed hands at an average price near $0.2719, and outlets calculate that roughly 239 million WLD were sold at that level.
- $25 million worth of tokens from the deal carry a six-month lockup to curb quick resale by buyers.
- World Assets, Ltd. executed the transfers from a designated multisignature wallet, a method that coordinates large moves without hitting public exchanges.
- Proceeds are set for operations, research, Orb device manufacturing, and ecosystem growth, as the network reports nearly 18 million verified people, about 39 million app users, and roughly 948 active Orbs in 160+ countries.