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Blockchain

Crypto startup Worldcoin Raises $100m through Token Sales, Worth $3 Billion

Crypto startup Worldcoin is elevating $100 million, which owns about $3 billion price of cryptocurrency tokens in complete, in line with the report from The Information.

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Worldcoin raised $100 million from buyers, together with Andreessen Horowitz, a earlier backer, and Khosla Ventures through the sale of its Worldcoin tokens. Their newest funding was raised on Jan 26 from a seed spherical.

On Oct 21, 2021, Worldcoin raised $25 million at a $1 billion valuation.

Investors embody hedge fund Three Arrows Capital, a16z, Coinbase Ventures, Digital Currency Group, crypto fund Multicoin Capital, together with angel investor Sam Bankman-Fried, founding father of FTX, and LinkedIn co-founder Reid Hoffman.

Worldcoin, based in 2019, is a brand new world digital forex that can launch by giving each human on Earth a free share.

Image supply: Shutterstock

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