[World Foundation Raises $52.5 Million by Selling WLD to Accelerate World ID Promotion] According to The Block, the World Foundation, the organization behind the World project, raised $52.5 million through a strategic sale of WLD tokens, with all tokens locked for one year. This 'first-round closing' was led by Pantera Capital, with participation from Bain Capital Crypto, Eightco Holdings (NASDAQ: ORBS), Selini Capital, and Susquehanna Crypto. The foundation stated that the WLD sold in this round is solely for internal use within the World Network and does not represent equity or profit rights in Tools for Humanity.