OpenAI's Sam Altman raises $115M for Worldcoin crypto startup with eye-scanning technology.

1 min read
Source: Reuters
OpenAI's Sam Altman raises $115M for Worldcoin crypto startup with eye-scanning technology.
Photo: Reuters
TL;DR Summary

OpenAI CEO Sam Altman has raised $115 million in a Series C funding round led by Blockchain Capital for Worldcoin, a cryptocurrency project that aims to distribute tokens to people based on their unique identity confirmed through iris scanning. The project has faced criticism for privacy risks, and the token will not be available in some countries. Investors including a16z crypto, Bain Capital Crypto, and Distributed Global also participated in the funding round.

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