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Thursday, 22 May 2025

World Network raised $135M in a token sale to a16z and Bain Capital Crypto "to meet increasing demand for Orb-verified World IDs"; WLD jumped 14% on the news (Margaux Nijkerk/CoinDesk)

Margaux Nijkerk / CoinDesk:
World Network raised $135M in a token sale to a16z and Bain Capital Crypto “to meet increasing demand for Orb-verified World IDs”; WLD jumped 14% on the news  —  Funds from the venture capital giants will be used for the network's expansion.  —  What to know:



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...