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

— Coin Bureau (@coinbureau) March 28, 2026

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.

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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, 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.