World raises $65M in token liquidation to fund more biometric Orbs

World has carried out a “significant token liquidation” to accelerate its scans of iris biometrics to establish uniqueness and “proof of personhood.”

The World Foundation completed a $65 million over-the-counter token sale via subsidiary World Assets Ltd, according to a series of social media posts. The block trades were executed with four private counterparties, with tokens priced at an average of $0.2719 per token. World says funds will be used to support growth in Orb manufacturing operations.

The company has been adding potential locations for iris biometric enrollment through Orb deployments in retailers in the U.S. and Japan.

World’s MiniKit 2.0 has gone live on World Chain, enabling World builders to use a single build for apps deployed on the web and in World App.

“Apps built for the web and apps deployed inside World App now share a common interface, meaning developers can build a single app and deploy it in both environments with minimal changes,” says a blog. “In many cases, adapting an existing app to run as a Mini App inside World App can now take as little as two lines of code.”

The firm says the launch brings app development on World Chain in line with Ethereum’s EIP-1193 standard, and aims to reduce the overhead between building, testing and distribution.

World builders should also take note of the return of World Build. “World Build 3 begins with a four-day hackathon, awarding $20,000 in prizes,” the firm says. “Top teams will be invited to a Build Week in Seoul with the World developer team, followed by a three-month virtual program and a Demo Day in San Francisco.”

World was founded in part by Sam Altman, who owns OpenAI. Early 2026 has seen speculation that the latter’s proposed social network would make use of the former’s human verification capabilities.

Article Topics

biometrics  |  funding  |  iris biometrics  |  World