Sam Altman is reportedly near the closing of a $100M round for Worldcoin.
The company, founded in 2019, uses eye scanning to create an ID that enables access to the cryptocurrency.
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Worldcoin is seeking to launch its blockchain protocol and begin transactions within "the next six weeks," as it is currently in beta testing.
- Earlier this month, the company launched a gas-free crypto wallet.
- Worldcoin raised $100M through private token sales in Mar. 2022 to Andreessen Horowitz and Khosla Ventures.
- In Oct. 2021, the company raised $25M at a pre-money valuation of $975M from participants, including Reid Hoffman, Coinbase Ventures, and Hypersphere Ventures, among others.