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# Sam Altman’s biometric startup World raises $52.5M via crypto sale

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments

## Summary

World, the biometric identity startup co-founded by Sam Altman, has raised $52.5 million through a crypto token sale of its WLD token to strategic investors including Pantera Capital, Bain Capital Crypto, and others. Buyers agreed to a 12-month lockup period. Funds will go to the World Foundation in the Cayman Islands to support network expansion. World's core product is a 'proof of human' system using iris-scanning Orb devices to issue anonymous World IDs that distinguish humans from bots. Despite recent app updates and partnerships with Tinder, Zoom, and DocuSign, the company has struggled to scale and conducted layoffs in June 2026.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/07/24/sam-altmans-biometric-startup-world-raises-52-5-million-via-crypto-sale>

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