World Foundation disclosed that its subsidiary, World Assets, Ltd., sold about 239 million WLD tokens worth $65 million in over-the-counter deals. A portion of the funds is locked for six months to prevent immediate selling. These transactions support core operations, R&D, and the production of iris-scanning Orb devices.
The first settlement occurred on March 20, with additional transfers completed this week. WLD, which traded at about $0.27, has seen a 13.5% decline in value over the past week.