Worldcoin Secures $135 Million Investment from a16z and Bain Capital Crypto
Worldcoin, the iris-scanning identity verification project founded by OpenAI’s Sam Altman, has raised $135 million through the sale of its WLD tokens to venture capital giants a16z and Bain Capital Crypto. The funds will bolster its biometric data collection operations in the US, where it recently deployed eye-scanning infrastructure across six cities.
The investment underscores growing institutional confidence in Worldcoin’s vision of decentralized identity verification. The company’s expansion aligns with increasing demand for secure, blockchain-based solutions in digital identity management.