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Worldcoin biometric crypto initiative raises $115M
May 26, 2023, 6:26 p.m. | Masha Borak
Biometric Update www.biometricupdate.com
Tools for Humanity, the company behind the Worldcoin cryptocurrency project that relies on biometric identification, announced it has raised $115 million from investors led by Blockchain Capital.
Andreessen Horowitz’s crypto fund a16z Crypto, Bain Capital Crypto, and Distributed Global also participated in the Series C funding round, according to Bloomberg.
Previous investors in the project include California-based venture capital fund Khosla Ventures, Linkedin co-founder Reid Hoffman and the disgraced founder of FTX crypto exchange Sam Bankman-Fried.
Tools for …
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