NewsNovo
Biometric identity infrastructure is attracting institutional capital, and the terms of the latest deal say something about where the risk sits.
World Foundation has raised $52.5M in a round led by Pantera, selling locked WLD tokens to strategic investors to fund expansion of its World ID network.
The locked structure is the line to watch: it limits near-term selling pressure on WLD but defers liquidity to a point when the network will need to show it has actually grown.
What the deal structure signals Pantera led the round, with World Foundation distributing locked WLD tokens rather than running an open-market sale.
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