ChainCatcher reports that the World Foundation tweeted that its subsidiary, World Assets, Ltd., completed a total of $65 million in OTC sales with four counterparties over the past week. The average price of the sale was approximately $0.2719 per token, with $25 million worth of tokens subject to a six-month lock-up period.
The proceeds from this sale will be used for core project operations, research and development, Orb manufacturing, and ecosystem development. Settlement transactions will be conducted through World Assets' multisignature address, which begins with 0xE797.
