Sam Altman’s World Network Raises $135M in Private Token Sale Led by a16z and Bain Capital Crypto

World Network, the blockchain project backed by Sam Altman, has secured $135 million in a private token sale of its WLD token. Venture capital powerhouses Andreessen Horowitz (a16z) and Bain Capital crypto spearheaded the funding round, which will fuel the network’s expansion efforts.

The WLD token surged 14% following the announcement. This capital injection coincides with the project’s recent U.S. launch, where Tools For Humanity’s blockchain infrastructure and WLD tokens became available to American users earlier this month.

"To meet growing demand for Orb-verified World IDs and support global network growth, World Assets Ltd. facilitated this strategic sale to two of our earliest institutional backers," stated representatives from the World Foundation subsidiary. The transaction increased WLD’s circulating supply at prevailing market prices.