Worldcoin, co-founded by OpenAI CEO Sam Altman, has raised $135 million through a strategic token sale to expand its biometric identity verification network, significantly focusing on the U.S. market and launching a new Orb device manufacturing site in Texas. The initiative supports rising demand for Orb-verified World IDs, now held by over 12.5 million of the platform’s 26 million global users, and follows device shortages that slowed growth in 2024. Despite increased adoption and investor backing from firms like a16z and Bain Capital Crypto, Worldcoin continues to face regulatory scrutiny in the EU over privacy concerns tied to biometric data collection.
Worldcoin Raises $135M to Expand Biometric ID Network in US Market
