World Foundation Discloses $65M WLD OTC Sale Across Four Counterparties
- World Assets said it completed $65 million in OTC WLD sales with four counterparties over the past week.
- The tokens were sold at an average price of about $0.2719, with $25 million of the allocation subject to a six-month lock-up.
World Foundation has disclosed a fresh OTC sale of WLD, saying its token issuance arm, World Assets, completed $65 million worth of transactions with four counterparties over the past week.
The first settlement landed on March 20, according to the post on X, and the rest followed through a series of over-the-counter deals rather than open-market sales.
In crypto terms, that route matters. OTC is usually where larger sizes get moved when a project wants to place tokens without smashing the order books or triggering an obvious wave of slippage on exchanges.
WLD sold below $0.28 with partial lock-up
World said the transactions were executed at an average price of roughly $0.2719 per WLD. It also noted that $25 million worth of the tokens sold will be subject to a six-month lock-up, a detail that is likely to matter just as much as the headline figure itself.
Lock-ups do not remove supply forever, obviously. Still, they can ease near-term pressure by limiting how much of the sold allocation can be immediately rotated back into the market. For traders watching token unlock dynamics and treasury activity, that clause is not a side note.
Funding operations, R&D and Orb production
According to the statement, the proceeds will be used to fund core operations, research and development, orb manufacturing and broader ecosystem growth. That frames the raise more like a treasury funding event than a simple liquidity move.
World also disclosed the multisig wallet tied to the remaining settlement transactions, adding a layer of onchain traceability for anyone tracking the transfers. The project later said the post was itself an updated version after correcting the average TWAP, with the earlier message deleted.
That last bit is minor, but not irrelevant. In token markets, execution details, pricing language and lock-up mechanics tend to get parsed pretty quickly
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