World Foundation closes first tranche of $52.5M WLD token sale led by Pantera and Bain Capital Crypto with one-year lockup.
VC & Fundraising ·
World Foundation has closed the first tranche of a WLD token sale, raising $52.5 million in funding. Pantera led the round alongside Bain Capital Crypto, Eightco Holdings, Selini, Susquehanna, and other investors.
The sale includes a one-year lockup period on the tokens acquired by participating investors. This structure locks capital in place for the specified duration before holders can trade or transfer their positions, a common mechanism in early-stage token distributions aimed at aligning incentives and reducing immediate sell pressure.
The mechanics of additional tranches and the total target raise remain undisclosed in available reporting. Details on valuation, token allocation mechanics, and the timeline for subsequent closes have not been specified.