Worldcoin completes $115 million Series C funding, led by Blockchain Capital

2023-05-25 21:07:04

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ChainCatcher news, according to Bloomberg, Tools for Humanity, the company behind the cryptocurrency project Worldcoin co-founded by OpenAI CEO Sam Altman, announced the completion of a $115 million Series C funding round, led by Blockchain Capital, which also included the crypto team from Andreessen Horowitz, as well as Bain Capital Crypto and Distributed Global.

It is reported that the new funds will be used for product expansion and hiring new employees to strengthen the startup's team of 150 people.

According to the crypto data platform RootData, Worldcoin is a new global cryptocurrency aimed at becoming the largest and most inclusive cryptocurrency network in the world by providing Worldcoin for free to everyone. Worldcoin has built a device called Orb that captures an image of a person's eye and converts it into a short digital code, allowing verification of whether the person has already registered. If not, they will receive a share of Worldcoin for free. The original image does not need to be stored or uploaded. (Source link)

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