Worldcoin to Raise $100M at $3B Token Valuation

Crypto startup Worldcoin is raising $100 million with investors valuing the company’s total stockpile of tokens at $3 billion.

Investors include Andreessen Horowitz (a16z), which previously invested in Berlin-based Worldcoin, and Khosla Ventures. The investment will come through the sale of Worldcoin tokens, the Information reported.

It is the second major capital raise in roughly six months for Worldcoin, which raised $25 million at a $1 billion valuation in October. a16z, Coinbase Ventures, Digital Currency Group (the parent company of CoinDesk) were among the investors for that round, which also included angel investors Sam Bankman-Fried, the founder of FTX, and Reid Hoffman, the co-founder of LinkedIn.

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