TechFlow news, according to the Financial Times citing知情人士, Sam Altman, CEO of OpenAI, founded cryptocurrency company Worldcoin is engaged in advanced talks to raise $100 million in new funding, preparing for launch in the coming weeks and set to begin trading within the next six weeks. Investors include Khosla Ventures and Andreessen Horowitz's crypto fund.
Founded by Alex Blania and Altman in 2019, Worldcoin plans to use iris-scanning technology to create a global identification system that could grant access to its own global currency, Worldcoin, at no cost. According to The Information, an $100 million token sale early last year valued the company's total token supply at $3 billion.
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