TechFlow news — According to official information, World Assets Ltd. (a subsidiary of the Worldcoin Foundation) has entered into loan agreements with five trading firms operating outside the United States. These five entities collectively received loans totaling 10 million WLD, originally due on or around June 14, 2024. World Assets Ltd. has elected to extend the maturity of these loan agreements by one year, to June 14, 2025, while all other terms of the agreements remain unchanged.
The 10 million WLD lent to these trading firms will continue to be part of the circulating supply for the foreseeable future. Upon expiration of the extended term, each trading firm will be required to fully repay its loan.
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