Sam Altman, the CEO of OpenAI, is apparently in “advanced talks” to raise $100 million for the Worldcoin project, which aims to develop a globally distributed cryptocurrency that is cooperatively owned.
According to May 15 Financial Times reporting that quoted persons familiar with Worldcoin’s funding discussions, the $100 million will come from a combination of “existing and new investors.”
When the firm was first made open to all, it had a Series A fundraising round headed by a16z, with participation from investors such as Digital Currency Group, Coinbase Ventures, former FTX CEO Sam Bankman-Fried, and Reid Hoffman, co-founder of LinkedIn.
