DEAL: Worldcoin raises $25 million, now valued at $1 billion

DEAL: Worldcoin raises $25 million, now valued at $1 billion

Worldcoin has announced that it was able to raise $25 million from investors and is now is currently valued at $1 billion.

Investors that took part in the funding include Andreessen Horowitz (a16z), Coinbase Ventures, Digital Currency Group (the parent company of CoinDesk) and angel investors which includes the likes of top crypto billionaire Sam Bankman-Fried and Reid Hoffman, the co-founder of LinkedIn.

Worldcoin is co-founded by Alex Blania, Sam Altman and Max Novendstern and it plans to create a new global digital currency that is fairly distributed and used by as many people as possible.The company is based in Berlin, […]

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