The World Foundation sold 217 million WLDs to Pantera Capital and others at a 36% discount

According to Ember Monitor, the World Foundation sold about 217.4 million WLDs to Pantera Capital and other institutions about 8 hours ago to raise 52.5 million US dollars. Although the sale price was not officially disclosed, according to on-chain transfer data and estimated financing amount, the average sale price was about $0.24, which is about 36% off WLD's current market price.

Ember said that this batch of WLDs needed to be locked up for 1 year, and that the lock-up arrangement may be one of the reasons for this discounted sale.