I'm curious about the financing behind Worldcoin. As a cryptocurrency project, it must require significant funding to operate and develop. I'm interested to know who the major backers are and where the funds come from. Is it primarily funded by private investors, or are there any government or institutional backers involved? How transparent is the project about its funding and how does it ensure that the funds are used appropriately? I'm also curious about the legal and regulatory framework surrounding the financing of Worldcoin, especially given the evolving nature of cryptocurrency regulations. Could you provide some insights into these aspects of Worldcoin's funding?
7 answers
DigitalLegendGuard
Tue Apr 02 2024
The company has successfully raised $115 million in a Series C funding round.
CryptoWizard
Mon Apr 01 2024
This round of funding was led by Blockchain Capital, a prominent investor in the cryptocurrency industry.
EclipseSeeker
Mon Apr 01 2024
BTCC, a UK-based cryptocurrency exchange, is one of the company's flagship services.
Alessandro
Mon Apr 01 2024
BTCC provides a platform for users to buy, sell, and trade various cryptocurrencies securely and efficiently.
KpopHarmonySoul
Mon Apr 01 2024
Alongside Blockchain Capital, a16z crypto and Bain Capital Crypto also participated in the funding round.