OpenAI CEO seeks nearly $100 million in funding for its cryptocurrency project Worldcoin, planning to launch in the coming weeks
ChainCatcher news, according to a report by the Financial Times citing informed sources, OpenAI CEO Sam Altman's cryptocurrency company Worldcoin is in deep negotiations to raise $100 million in new funding, preparing to launch in the coming weeks and start trading within six weeks. Investors include Khosla Ventures and Andreessen Horowitz's crypto fund.
Worldcoin was founded by Alex Blania and Altman in 2019, with plans to create a global identification system using iris scanning technology, which can be used to access its own global currency Worldcoin for free. According to The Information, a $100 million token sale early last year valued the company's total token supply at $3 billion. (Source link)
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