ChainCatcher reports, according to Protos, the SEC filing submitted by Grayscale for the Worldcoin ETF reveals that approximately 90% of circulating WLD tokens are concentrated in 100 wallets, contrasting with the project’s vision of fair distribution to as many people globally as possible. The filing also acknowledges that the World Chain sequencer operates in a centralized manner, with upgrade functionality coordinated and controlled by a small group of participants from the World Foundation, Tools for Humanity, and Optimism, and that governance “remains primarily guided by the World Foundation.”
Graylock files reveal that 100 wallets hold 90% of Worldcoin's circulation.
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Summary
SEC filings from Grayscale reveal that 100 wallets control 90% of Worldcoin’s WLD tokens, according to ChainCatcher. This raises questions about the project’s recent RWA claims and assertions of broad token distribution. The World Chain’s sequencer remains centralized, with upgrades controlled by the World Foundation, Tools for Humanity, and Optimism. Governance is still predominantly held by the World Foundation.
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