PANews, July 25: According to on-chain analyst Yujin, the Worldcoin Foundation sold 217 million WLD tokens to institutions including Pantera Capital eight hours ago, valued at approximately $52.5 million. Although the sale price was not disclosed, on-chain transfers occurred following the announcement: the team wallet distributed 217.4 million WLD to multiple addresses. Based on this token volume and the raised amount, the sale price was approximately $0.24, representing a 36% discount to WLD’s current price. These WLD tokens are subject to a one-year lock-up period, which may be one of the reasons for the discount.
Worldcoin Foundation sells 217 million WLD to Pantera Capital at a 36% discount
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Summary
The Worldcoin Foundation sold 217 million WLD tokens to Pantera Capital and other institutions at a 36% discount, valued at approximately $52.5 million. The transaction, reported in on-chain news, occurred eight hours ago at $0.24 per token, with the tokens locked for one year. This crypto price news underscores a significant institutional transaction in the WLD market.
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