- Worldcoin team is reportedly seeking $50M funding through a discounted token sale.
- WLD tokens may be sold for $1, down from the current $2.51 spot price.
- However, it is essential to note that no finalized terms have been confirmed, as emphasized by an individual close to the deal.
One of the development groups behind Sam Altman’s Worldcoin crypto project, Tools For Humanity (TFH), is reportedly in discussions with investors regarding a capital increase through the sale of WLD tokens.
In recent weeks, TFH reportedly conversed with several investors, exploring the possibility of an over-the-counter sale of WLD. According to sources familiar with the matter, the company aims to secure up to $50 million in funding. The insiders noted that WLD could be tabled at a potential token price of $1, a considerable markdown from the existing spot price of $2.51.
Notably, FT Partners, the fintech-focused investment bank based in San Francisco, is reportedly assisting in the fundraising, as stated by a third source familiar with the situation. Another individual knowledgeable about the deal mentioned that there has been robust demand from potential investors since the…
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