🚀 Worldcoin (WLD) increased in price nearly 200% in the past 7 days, helping cryptocurrency investment fund Three Arrows Capital (3AC) profit from its early investment in this project.
🌐 3AC currently holds 75 million WLD coins, becoming one of the largest investors in Worldcoin.
🤝 In 2021, 3AC participated in the funding round of Tools For Humanity, the company developing the Worldcoin retinal scanning project, co-founded by OpenAI CEO Sam Altman. The capital round raised 25 million USD, valued at 1 billion USD.
📈 WLD price reached a new peak, helping 3AC profit from this investment, increasing the value of WLD in their investment portfolio.
💼 According to Arkham Intelligence, Teneo - the asset liquidation company of bankrupt crypto investment fund 3AC - holds 75 million WLD coins worth $540 million, making it the most valuable asset in their portfolio .
📱 Besides, Worldcoin wallet (World App) has recorded more than 1 million daily users, a sharp increase from 100,000 daily users in November 2023.
🔍 However, Worldcoin has also encountered privacy controversies since its launch, with regulators such as Hong Kong investigating whether the project violates privacy protection laws.