World Network Secures $135M to Expand Biometric ID Initiative Amid Privacy Concerns

World Network, co-founded by Sam Altman, has secured a significant $135 million investment through a private token sale, fueling its ambitious expansion plans for a global biometric identity initiative. The funding comes amidst growing scrutiny of the project’s privacy and regulatory implications, with WLD tokens experiencing a 14% surge following the announcement. The funds will support the development of digitized biometric IDs and construction of a Texas facility to manufacture Orb devices used in identity verification.