The World Foundation completed an OTC sale of 65 million USD in WLD tokens, with an average price of 0.2719 USD

The World Foundation tweeted that its subsidiary World Assets, Ltd. completed a total of $65 million in OTC sales with four counterparties over the past week. The average price of this sale was approximately $0.2719 per token, with tokens worth $25 million having a 6-month lock-up period.

The funds from this sale will be used for core project operations, R&D, Orb manufacturing, and ecosystem development, among other things. The related settlement transactions will be conducted through the multi-signature address of World Assets starting with the address 0xE797.