World Foundation Raised $52.5 million in new funding to bring world Identity technology for enterprises, consumers, and artificial intelligence (AI) agents.
The organization raised new funding by selling to strategic investors WLD Tokens subject to a one-year lock-up, reported on Friday (July 24) press release.
The Global Foundation is the independent, non-profit body of the Global Protocol and aims to transform it into an open and decentralized protocol, expand community participation, and make the protocol economically self-sustaining through protocol fees paid by requests, according to the statement.
The need for World ID infrastructure is accelerating as AI expands, according to the release.
“The world has built the only technology that enables individuals to prove that they are uniquely human without revealing their identity,” the organization said in the statement.
More than 18 million people have been verified by the technology, more than 475 million proofs of global identity have been used, and World ID is integrated with communications, identity, authentication and dating platforms, according to the statement.
The first closing of the new financing was led by… Pantera Capital.
Cosmo Jianggeneral partner at Pantera Capital, said in the statement: “The need for human proof has become abundantly clear as AI development accelerates, and we’re seeing that in the influx of enterprise traction. We’re excited to continue supporting the world’s mission at this turning point in its growth.”
The world and Coinbase They announced in March that they had teamed up to provide a solution to a problem Agent network Which provides evidence that the agents have a human behind them. The AgentKit beta developer kit allows verified people to delegate their global ID to AI agents so that those agents can have an extra layer of trust for interactions and transactions.
Last February, it was reported that Tools for humanity He was Partnership With well-known brands to promote global identity.
Tools for Humanity uses a device called an Orb to take photos of a person’s face and eyes, convert those photos into a series of numbers stored on the person’s device, and enables the person to use a World ID to prove they are human.
