Worldcoin’s Wild Ride: $65 Million Sale and a Plunge Into the Abyss

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In a most audacious display of fiscal gymnastics, the World Foundation-those noble custodians of the digital identity utopia known as Worldcoin (WLD)-has triumphantly concluded a $65 million over-the-counter (OTC) token sale.

As echoed in a statement released on March 28, the illustrious World Assets Ltd, a sprightly offshoot of this foundation, deftly orchestrated block trades with four private counterparts over the past week. The initial settlements, commencing their descent into the financial ether on March 20, were priced at an average of a tantalizing $0.2719 per token-dare I say, a bargain for the discerning connoisseur of cryptocurrency!

World Foundation: Crafting Orbs and Funding Dreams!

The foundation has boldly proclaimed that this freshly minted capital will be flung toward the core operational expenses-a euphemism, perhaps, for the frenzied pursuit of research, development, and the ambitious manufacturing of its proprietary iris-scanning contraptions, affectionately dubbed “Orbs.”

1/ World Assets, Ltd. has now closed a series of OTC sales for a total of $65,000,000 with four counterparties over the past week, the first of which settled on March 20, 2026.

– World Foundation (@worldcoinfnd) March 28, 2026

To cushion any immediate shockwaves upon the tender landscape of secondary markets, a prudent $25 million of the sold WLD finds itself shackled to a six-month lockup. Yes, dear reader, these tokens will remain in exile until the curtains of late September are drawn back.

However, do not be misled into thinking this is an isolated incident; blockchain analytics reveal that this grand capital orchestration is but a note in the ongoing symphony of structural divestment by World-affiliated entities. For two long years, the project has been systematically shedding WLD tokens like a molting serpent, engaging with notable market makers such as Flow Traders and Wintermute, creating an almost poetic overhang upon the market.

Worldcoin has sold 226.43M $WLD via OTC over the past 9 days, receiving 63M $USDC.

They also deposited 35.8M $USDC to Circle for cash-out.

For about 2 years, Worldcoin has been selling $WLD through platforms like Flow Traders and Wintermute, doing so every few days.

This…

– Lookonchain (@lookonchain) March 29, 2026

This relentless supply expansion arrives at a curious juncture for our beleaguered asset. The latest OTC sale coincides ominously with WLD’s spectacular tumble to an all-time low, only to stage a modest recovery to its current resting place of approximately $0.27-an exhilarating rollercoaster ride, indeed!

Yet, even amid this slight resurrection, the token remains mired in despair, languishing more than 97% beneath its former glory of $11.72, a peak tragically reached in March 2024.

Adding further layers to this intricate tapestry of turmoil is the rapidly deteriorating regulatory environment-ah, the ever-watchful eyes of the law! Worldcoin’s lofty narrative is predicated upon crafting a “proof of humanness” network, a valiant endeavor to wrestle the burgeoning army of AI bots roaming the vast digital expanse.

Alas! This noble positioning has failed to placate the wary regulators, who have long sounded alarms regarding the mass collection and storage of biometric data. Thus, the project continues to navigate a treacherous labyrinth of legal challenges and ongoing privacy investigations in various international realms.

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2026-03-29 14:06