Worldcoin Closes $115 Million Series C Funding Round Led by Blockchain Capital
May 25,2023,13:37
Tools for Humanity, the developer of OpenAI CEO's crypto project Worldcoin, has closed a $115 million Series C round led by Blockchain Capital with participation from a16z, Bain Capital Crypto and Distributed Global.
The funds raised will be used to accelerate the development and growth of the Worldcoin project and the World App, the first crypto wallet in the Worldcoin ecosystem.
Worldcoin is a decentralized open source protocol, currently in beta, built around a decentralized World ID and the Worldcoin token. Tools for Humanity helped launch Worldcoin and currently serves as an advisor to the World App Foundation and operators.
