Worldcoin Completes $115 Million Series C Funding Round Led by Blockchain Capital
May 26 news: According to Bloomberg reports, Tools for Humanity, the company behind cryptocurrency project Worldcoin co-founded by OpenAI CEO Sam Altman, announced the completion of a $115 million Series C funding round led by Blockchain Capital, with participation from Andreessen Horowitz crypto team,
May 26 news: According to Bloomberg reports, Tools for Humanity, the company behind cryptocurrency project Worldcoin co-founded by OpenAI CEO Sam Altman, announced the completion of a $115 million Series C funding round led by Blockchain Capital, with participation from Andreessen Horowitz crypto team, Bain Capital Crypto, and Distributed Global. The funding will be used for product expansion and hiring new employees to grow the company's 150-person team. Tools for Humanity co-founder and CEO Alex Blania declined to disclose the company's valuation in an interview, stating that this funding round marks the seriousness of their compliance enterprise. "When we started talking about it three years ago, people really made fun of us, like we had read too much science fiction. Now things have changed," he said.