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Worldcoin and Impact Silver Announce New Funding Rounds

Published 12 hours ago3 minute read
Worldcoin and Impact Silver Announce New Funding Rounds

Worldcoin, spearheaded by Sam Altman, has secured $135 million through a direct purchase of WLD tokens by Andreessen Horowitz (a16z) and Bain Capital Crypto. This capital injection aims to bolster the expansion of Worldcoin's iris-scanning "Orb" hardware, particularly in the United States, while also addressing growing international demand. The funds will also refine the protocol’s fee model.

According to the World Foundation, this direct purchase, which involves liquid WLD tokens at spot price, is not a venture round and introduces the same quantity of WLD into the circulating supply without preferential terms. The project has already enlisted over 26 million users, with more than 12.5 million individuals having their World IDs verified via the Orb.

Matt Hougan, CIO of Bitwise, noted the unusual nature of the purchase, given that the WLD token's price is down 90% over the past 14 months. Andreessen Horowitz's continued support aligns with their early investment in Tools for Humanity, the company that incubated Worldcoin.

Worldcoin positions its "proof-of-personhood" system as crucial for navigating the era of advanced artificial general intelligence (AGI). The foundation insists that identity verification tools must advance at a similar rate to prepare for the AGI era. The funding will primarily support Orb manufacturing and US city roll-outs.

Market analysts view the investment as a signal of confidence in the biometric-identity sector, despite regulatory challenges and privacy concerns. The future of Worldcoin depends on its ability to overcome these obstacles.

WLD Chart Analysis:

Technical analysis of the WLD/USDT chart (Binance) indicates a rebound from a low of $0.57, with the price facing resistance from moving averages. The immediate hurdle is the 20-week EMA at $1.27, followed by the 50-week EMA at $1.87 and the 0.236 Fibonacci retracement at $3.27. The $5 region is also a key level to watch.

Momentum is improving, with the weekly RSI trending upwards and increased volume suggesting renewed buying interest. However, the longer-term structure remains bearish below the $1.33-$1.41 resistance area. At the time of reporting, WLD was trading at $1.337.

IMPACT Silver Corp. Announces Financing Tranche Closure

IMPACT Silver Corp. has announced the closing of a tranche of its non-brokered private placement financing, initially announced on April 15, 2025, and subsequently increased on April 18, 2025. The financing included a LIFE (listed issuer financing exemption) offering and a standard private placement, collectively referred to as the "Offering."

The company received C$1,658,000 from the issuance of 8,290,000 LIFE units at $0.20 per LIFE Unit and C$2,272,711.86 from the issuance of 12,626,177 units at C$0.18 per Unit, totaling C$3,930,711.86. Each LIFE Unit includes one common share and one-half share purchase warrant, exercisable for two years at $0.26 per common share. Each Unit comprises one common share and one warrant, exercisable for three years at $0.24 per common share.

IMPACT Silver intends to allocate the proceeds from the Offering to follow up on recent exploration successes at the Plomosas high-grade zinc(-lead-silver) property and its silver assets in the Royal Mines of Zacualpan district. Additionally, funds will be invested in operational improvements to boost productivity and throughput.

The LIFE portion of the Offering was conducted under the listed issuer financing exemption, and securities sold under this exemption are not subject to a hold period. The Offering is pending final acceptance by the TSX Venture Exchange. Finder's fees of $64,696.19 and 359,423 finder's warrants were issued in connection with the Offering.

IMPACT Silver Corp. operates two mining projects in Mexico. The Royal Mines of Zacualpan Silver-Gold District includes four underground silver mines and one open pit mine feeding the Guadalupe processing plant. The Capire Project has a 200 tpd processing pilot plant adjacent to an open pit silver mine. The Plomosas Zinc-Lead-Silver District is a high-grade zinc producer with significant exploration potential.

From Zeal News Studio(Terms and Conditions)
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