Worldcoin Transfers $144 Million in WLD Tokens from Ethereum Mainnet

Worldcoin’s team moves $27.07 million worth of WLD tokens to Kraken, marking a major asset management shift after a week-long pause.

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Fact Check
Multiple sources (Kucoin, Moomoo, Rootdata, Binance) corroborate that the Worldcoin team transferred a large number of WLD tokens valued at approximately $144 million. One source explicitly confirms the transfer was from the Ethereum mainnet.
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Summary

Worldcoin’s team recently transferred 20.66 million WLD tokens, valued at $27.07 million, to Kraken. This transfer follows a week of inactivity and is part of the ongoing strategy to manage and optimize its asset holdings.

Terms & Concepts
  • WLD Token: The native cryptocurrency of the Worldcoin project, used for transactions and governance within its ecosystem.
  • Kraken Exchange: A global cryptocurrency exchange where users can buy, sell, and trade digital assets.