World Foundation subsidiary sells $65 million in WLD tokens through OTC deals as token hits all-time low
World Assets sold $65 million in WLD tokens via OTC deals at an average price of $0.2719, coinciding with the token hitting a new all-time low.Summary
World Assets, the token issuance subsidiary of the World Foundation, disclosed completing $65 million in over-the-counter (OTC) sales of WLD tokens to four counterparties over the past week. The average sale price was approximately $0.2719 per token, resulting in about 239 million WLD sold. Of the total, $25 million worth of tokens are subject to a six-month lockup period. The proceeds are designated for core operations, R&D, orb manufacturing, and ecosystem development.
This disclosure followed on-chain activity flagging a large transfer of WLD tokens for approximately $39 million in USDC. These recent OTC sales occurred while WLD was trading near its all-time low of $0.2444, significantly lower than previous fundraising prices. The token is down about 97% from its March 2024 peak. Further supply pressure is anticipated with a major community token unlock event scheduled to begin in July 2026, which will cover about 52.5% of the total WLD supply.
(Source：The Block)