Worldcoin to Inject 19% of WLD Tokens Into Circulation

Worldcoin, a leading digital identity provider, has announced plans to increase the circulation of its WLD token by 19% over six months through exclusive private sales to institutional partners. This move, facilitated by World Assets, aims to inject 1.5 million tokens into the market weekly, valued at $8.2 million and targeting trading firms. The initiative aims to expand Worldcoin's global reach and foster strategic partnerships in the digital landscape.

Worldcoin Announces Strategic Move to Expand WLD Token Circulation by 19% Over Six Months

In a significant announcement, the leading digital identity venture, Worldcoin, has revealed its strategic initiative to increase the circulation of its highly sought-after WLD token by an impressive 19% over a six-month period.

Through a series of exclusive private sales to esteemed institutional partners located outside the United States, World Assets, a subsidiary of the Worldcoin Foundation, plans to inject up to 1.5 million WLD tokens into the market weekly. This translates to an astonishing $8.2 million worth of tokens being offered exclusively to select trading firms. This bold move not only expands Worldcoin's global reach but also showcases its unwavering commitment to forging strategic partnerships and driving innovation within the burgeoning digital ecosystem.

Worldcoin anticipates selling between 0.5 million and 1.5 million WLD tokens each week, a measure that will substantially expand its circulating supply. Over the course of six months, this could result in the introduction of a staggering 36 million new tokens into the market, with an approximate value of $197 million based on current CoinGecko data.

This surge in supply represents an 18.6% increase from the existing circulating supply of 193 million WLD tokens. To mitigate potential impact on token price, Worldcoin will strategically negotiate private sales with trading firms, endeavoring to align the offering price with prevailing market conditions as closely as possible.

Despite its current market capitalization of $1 billion, Worldcoin's fully diluted value (FDV) stands at an impressive $54.5 billion, reflecting the immense potential value of its entire token supply if fully circulated. This disparity offers a compelling glimpse into the scale and trajectory of Worldcoin's growth prospects.

The Worldcoin team believes that this expansion will enhance the liquidity of the WLD token and attract new investors and partners into its ecosystem. This move aligns with the company's mission to build a more inclusive and equitable digital world where every individual has a secure and verifiable digital identity.

As Worldcoin continues to execute its ambitious roadmap, the launch of exclusive private sales marks a significant milestone in its mission to transform digital identity and empower individuals worldwide.