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What is Worldcoin (WLD)?
Worldcoin, now branded as World, is a digital identity and cryptocurrency project co-founded by Sam Altman, Alex Blania, and Max Novendstern. Altman (CEO of OpenAI) serves as Chairman of the Board of Tools for Humanity, the project's primary developer; Blania serves as CEO. The project's core product is World ID, a biometric verification system that uses Orb devices to scan a person's iris, generating a zero-knowledge proof that confirms they are a unique human without revealing their identity. As of April 2026, nearly 18 million people have verified their humanness through Orb technology across 160 countries, with over 30 million total World App users.
The WLD token powers the World ecosystem. It serves as the governance and utility token for World Chain, an OP Stack Layer 2 blockchain secured by Ethereum and designed to prioritize verified humans over bots. World ID holders receive priority blockspace and free gas allowances on World Chain, while unverified addresses can still transact but without priority access.
Institutional presence
Eightco Holdings (NASDAQ: ORBS) holds 283,452,700 WLD tokens (~8.3% of circulating supply as of May 20, 2026), making it the largest publicly disclosed institutional holder. Eightco raised $250 million in September 2025 specifically to build a WLD treasury strategy, with participation from the World Foundation, Pantera, Brevan Howard, Kraken, Discovery Capital Management, and others.
Regulatory status
Worldcoin has faced regulatory scrutiny in multiple jurisdictions over biometric data privacy. Spain's AEPD issued a temporary ban in 2024 under GDPR Article 66 urgency procedures; Tools for Humanity voluntarily extended the pause through end of 2024 pending a BayLDA audit. Kenya suspended Orb operations in August 2023 and a court ordered deletion of collected biometric data in May 2025. Investigations or suspensions have also occurred in Portugal, Hong Kong, South Korea, Indonesia, and Colombia. Bavaria's data protection authority (BayLDA) is the lead EU DPA conducting an ongoing GDPR compliance investigation.
| Today (May 31, 2026) | $0.3337 | -7.68% |
|---|---|---|
| 24 hours ago (May 30, 2026) | $0.3615 | -7.68% |
| 1 week ago (May 24, 2026) | $0.2956 | +12.90% |
| 1 month ago (May 1, 2026) | $0.238 | +40.25% |
| 1 year ago (May 31, 2025) | $1.15 | -70.95% |
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