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Affected by the news of $135 million financing, WLD briefly pumped 11.35%.
On May 22, according to CEX market data, WLD rose 11.35% short-term due to the news of the $135 million financing, and is now quoted at $1.254. Previously, World Assets Ltd., a subsidiary of the World Foundation, has sold $135 million worth of WLD tokens to early supporters of the project, Andreessen Horowitz (a16z) and Bain Capital Crypto, at a market price to meet the growing market demand for Orb to verify World IDs and support the expansion of the World network in the United States and around the world.