World raises $52.5 million through crypto sale
Biometric identity startup World has raised $52.5 million through a cryptocurrency sale as it continues developing digital identifiers based on iris scans.
World, the biometric identity startup associated with Sam Altman, has raised $52.5 million through a cryptocurrency sale, according to a report published by TechCrunch on July 24, 2026.
The company is developing a system that scans users’ irises and converts the biometric information into unique digital identifiers. The new financing adds capital to a project built around linking proof of personhood with digital services.
The fundraising method also ties the company’s financing to the cryptocurrency ecosystem in which its identity technology operates. The source report described the transaction as a crypto sale but did not provide further terms in the material available to AddisMizan.
World’s use of biometric data places privacy, consent and data governance at the center of scrutiny surrounding its expansion. Those questions remain important as the company seeks broader adoption of identity tools based on sensitive personal information.
