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Crypto

Sam Altman\'s biometric authentication startup World raises $52.5 million from cryptocurrency sale

World, an online authentication startup co-founded by Sam Altman, raised $52.5 million by selling WLD tokens to strategic investors, with a 12-month lockup, TechCrunch reported. Investors cannot sell or trade WLD for a year. World said the condition reflects long-term investment in its growth and expanding utility. Proceeds will go to the Cayman Islands-based World Foundation. Pantera Capital led the purchase, with other firms participating.

Crypto

Grayscale moves to launch spot Worldcoin ETF, pending SEC and Nasdaq approval

Asset manager Grayscale has begun procedures to launch a spot exchange-traded fund based on the Worldcoin token, WLD. It filed a registration statement with the U.S. Securities and Exchange Commission for the Grayscale Worldcoin ETF, which would track a CoinDesk benchmark rate and list on Nasdaq under the symbol GWLD. The filing details custody and administration partners and flags regulatory risks, token volatility and ownership concentration.

Crypto

WLD, HYPE, JTO rally but altcoin season signal still far off

Some altcoins such as Worldcoin (WLD), Hyperliquid (HYPE) and Jito (JTO) have posted sharp gains, but analysts say it is still difficult to call it an “altcoin season.” Altcoins’ market share excluding bitcoin, ether and stablecoins edged down over the past month, while stablecoin dominance rose. Spot data show 15 straight months of net selling. Recent rallies were driven by token-specific catalysts rather than broad inflows into altcoins.