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Altcoin News

Worldcoin (WLD) Rockets 27% Following Major $135M Fundraise

Over the past month, the token has jumped more than 82%, including a 35% gain just in the last week.

Written By:
Dishita Malvania

Reviewed By:
Dhara Chavda

Last updated: May 23, 2025 1:51 PM
Published May 23, 2025 11:53 AM
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Last updated: May 23, 2025 1:51 PM
Published May 23, 2025 11:53 AM
Worldcoin (WLD) Rockets 27% Following Major $135M Fundraise

Worldcoin’s token, WLD, jumped 27% in the last 24 hours, reaching $1.57 and catching the eye of investors everywhere. This surge came right after the Worldcoin Foundation announced it raised $135 million through a token sale to help grow its presence in the U.S.

The funding round was led by top-tier venture capital firms Andreessen Horowitz (a16z) and Bain Capital Crypto. According to the foundation, the fresh capital will be used to meet the growing demand for Orb-verified World IDs and to accelerate the rollout of Worldcoin’s identity network across major U.S. cities. 

The project already has a presence in Los Angeles, Miami, and New York, but this funding aims to deepen that footprint significantly.

Over the past month, the token has jumped more than 82%, including a 35% gain just in the last week. Its market cap now sits at $2.38 billion, making it the 47th largest cryptocurrency.

Worldcoin (WLD) price chart
Source: CoinMarketCap

Trading volume has also pumped 160%, with $1.09 billion traded in the past 24 hours — a rise of over 150%. If all tokens were in circulation, the total market value would be close to $5 billion.

Whether you support its biometric ID vision or remain neutral, it’s undeniable that Worldcoin is once again gaining attention. With this much capital and attention, the project is becoming one of the most closely watched in the altcoin space.

Also Read: Worldcoin Price Prediction: How High Will WLD Go Post $135M Deal?

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.
Dhara Chavda- Crypto Research Analyst at The Crypto Times
By Dhara Chavda
Follow:
Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.

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