Worldcoin has completed a $115 million C round of financing, led by Blockchain Capital.

Worldcoin raised $115 million in C round financing led by Blockchain Capital.

According to a report from Bloomberg, Tools for Humanity, the company behind the cryptocurrency project Worldcoin co-founded by OpenAI CEO Sam Altman, announced the completion of a $115 million Series C financing round, led by Blockchain Capital, with participation from Andreessen Horowitz’s cryptocurrency team, Bain Capital Crypto, and Distributed Global. The funds will be used for product expansion and hiring new employees to strengthen the company’s team of 150 people. Alex Blania, co-founder and CEO of Tools for Humanity, declined to disclose the company’s valuation in an interview, but stated that this funding round represents the seriousness of their compliance enterprise. “When we started talking about it three years ago, people really joked about us, like we had read too much science fiction. Now things have changed,” he said.

Reference: https://www.bloomberg.com/news/articles/2023-05-25/crypto-startup-co-founded-by-sam-altman-raises-115-million

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Bitcoin

Chainlink CCIP goes live on the mainnet, an article to understand its technical characteristics and application scenarios.

CCIP is the most secure, reliable, and easy-to-use interoperability protocol that can be used to build cross-chain ap...

Market

Interpreting the RWA track of on-chain real estate Can it revolutionize the traditional trading and leasing market?

In the RWA track, the core of innovation lies in the splitting and reorganization of asset structures. The total mark...

Opinion

Interpreting Arweave Atomic Assets and Its Ecosystem A New NFT Paradigm Paving the Way for Creators' Migration

This article elaborates on the Arweave protocol, which empowers content creators to unleash their creative potential.

Market

What are the highlights of GBRC-721 compared to BRC721?

GBRC-721: Higher efficiency means lower potential costs for creators and more efficient use of bitcoin network resour...

Market

Dialogue with Circle CEO How can USDC recover the market lost due to SVB's bankruptcy?

In this interview, Laura Shin and Jeremy Allaire discussed various topics including Coinbase's investment in Circle, ...

NFT

50% staff reduction again, OpenSea announced the launch of OpenSea 2.0 with a streamlined team size.

OpenSea announced layoffs and will launch OpenSea2.0 with a smaller team. Due to the cryptocurrency winter, around 50...