---
title: "WLD Crashes 97% as World Foundation Sells $65M Tokens"
date: 2026-03-30
author: "Kelvin Scott"
featured_image: "https://coinlaw.io/wp-content/uploads/2026/03/world-foundation-sells-65m-tokens.jpg"
categories:
  - name: "Cryptocurrency"
    url: "/crypto.md"
tags:
  - name: "News"
    url: "/tag/news.md"
---

# WLD Crashes 97% as World Foundation Sells $65M Tokens

The World Foundation has sold $65 million worth of WLD tokens, pushing the price to a historic low and raising fresh concerns about the project’s future.

## Key Takeaways

- $65 million worth of WLD tokens sold via OTC deal at $0.27.
- Token drops to all time low of $0.24, down 97% from peak.
- 239 million tokens entered circulation, increasing selling pressure.
- 52.5% token unlock expected on July 23 could add further downside.

## What Happened?

The World Foundation, linked to Sam Altman, has completed a large over the counter sale of its WLD token. The move raised **$65 million** but triggered a sharp drop in price, sending the token to its lowest level since launch.

The sale comes at a time when the project is already facing market pressure and regulatory scrutiny across multiple regions.

> 🚨WORLD FOUNDATION COMPLETES $65M WLD OTC SALES  
>   
> World Foundation closed a series of OTC sales totaling $65M with four counterparties over the past week, with the first settlement on March 20, 2026.  
>   
> Tokens were sold at ~$0.2719 each, with $25M locked for 6 months. [pic.twitter.com/kDbai49Vi7](https://t.co/kDbai49Vi7)
> 
> — Coin Bureau (@coinbureau) [March 28, 2026](https://twitter.com/coinbureau/status/2037943220777464096?ref_src=twsrc%5Etfw)

 ## World Foundation Sells Tokens at Heavy Discount

The World Foundation confirmed that its token arm, World Assets, sold approximately **239 million WLD tokens** to four counterparties. The average price was around **$0.27 per token**, significantly lower than previous fundraising rounds.

- **In May last year, the project raised $135 million at $1.13 per token**.
- **The latest sale represents a steep discount of more than 75%**.
- **Around $25 million worth of tokens are locked for six months**.
- **The remaining tokens were immediately released into circulation**.

The foundation stated that the funds will support **core operations, research and development, orb manufacturing, and ecosystem growth**. However, the timing and pricing of the sale have raised concerns among market participants.

## WLD Price Hits Historic Low

Following the announcement, WLD saw an immediate negative reaction in the market.

- **Price dropped to $0.24, marking an all time low**.
- **It later recovered slightly to around $0.27 to $0.28**.
- **The token is now down about 97% from its March 2024 peak of $11.82**.

Despite the small rebound, the overall trend remains weak. The decline reflects both **increased supply pressure** and weakening investor confidence.

Market data also shows a sharp drop in valuation:

- **Market capitalization currently stands near $879 million**.
- **At its peak, it reached approximately $3.9 billion**.

This steep fall highlights how quickly sentiment has shifted around the project.

## More Selling Pressure Could Be Ahead

The situation may worsen in the coming months due to a major token unlock event.

According to available data, around **52.5% of the total token supply** is scheduled to unlock on **July 23**. While not all tokens may enter circulation immediately, such a large release could significantly increase liquidity.

This raises the risk of:

- **Further price declines due to excess supply**.
- **Continued downward pressure on market confidence**.
- **Increased volatility in the short term**.

## Regulatory Challenges Add to Uncertainty

Beyond market dynamics, the project is also facing regulatory hurdles.

In October, authorities in [Thailand conducted a raid on an **iris scanning site linked to the project**](https://coinlaw.io/thailand-orders-world-delete-iris-scans/), citing potential violations related to operating without proper licenses. The incident led to arrests and an ongoing investigation.

Other countries including **Indonesia, Germany, Kenya, and Brazil** have also raised concerns. The primary issues revolve around:

- **Handling of sensitive biometric data**.
- **Compliance with digital asset regulations**.

These regulatory challenges add another layer of uncertainty to an already fragile situation.

## CoinLaw’s Takeaway

In my experience, when a project starts selling tokens at a steep discount while the price is already falling, it usually signals deeper stress behind the scenes. I found this move particularly concerning because it combines **dilution, weak demand, and regulatory pressure all at once**.

The upcoming token unlock only adds to the risk. While the vision of building a global digital identity system sounds ambitious, the market is clearly not convinced right now. Unless confidence is rebuilt quickly, WLD could continue to struggle in the near term.