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Industries
Fintech
Crypto & Web3
Financial Services
Company Size
201-500
Company Stage
ICO
Total Funding
$285M
Headquarters
San Francisco, California
Founded
2019
Worldcoin provides a digital identity and financial network aimed at giving everyone access to the global economy, regardless of their location or economic status. Its main product is the Worldcoin wallet, which works with the World ID to enable users to conduct transactions on the Worldcoin network. The technology is based on an open-source protocol, allowing the community of developers and technologists to contribute and modify it. This collaborative approach sets Worldcoin apart from competitors, as it fosters a supportive environment for innovation and expansion. The company's goal is to democratize economic participation by ensuring that anyone can engage in the global economy through a secure digital identity.
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Total Funding
$285M
Above
Industry Average
Funded Over
3 Rounds
Health, dental, & vision insurance for you & dependents
401(k) plan
Flexible work hours
Unlimited time off
Parental leave
Daily catered lunch and dinner upon return to office
Home office set up stipend
âItâs a tremendous opportunity as the world connects to this new form of currency on the internet,â Allaire told Bloomberg Television Friday in an interview. âWe see tremendous opportunities to collaborate with major technology firms, major payments companies, major financial institutions, and we already do.â. Bloomberg reported that on Friday, Circleâs shares were up about 15% for the day and 300% since the company went public last week. The report also noted that stablecoin legislation is moving through the U.S. Congress, that Shopify said Thursday (June 12) that it will enable merchants to accept Circleâs USDC stablecoin for payments, and that it was reported that Amazon and Walmart are considering using stablecoins
Chime listed on Thursday, and shares soared 38% in the first day of trading. Circle has gained more than 28% in the past five trading days. As reported here, blockchain firm Ripple launched a partnership with Circle. The collaboration brings Circleâs USDC stablecoin to Rippleâs XRP Ledger (XRPL) blockchain, per this weekâs announcement. The announcement came one day after Circle formed an expanded partnership with World, a digital identity company known for its eyeball-scanning technology
The company announced Wednesday (June 11) that Circleâs USDC and CCTP V2 (Cross-Chain Transfer Protocol) had gone live on World Chain. âIf youâre saying to yourself, âI thought USDC was already on World,â youâve actually hit upon the âso whatâ of all this,â World said in its announcement. âAlmost two million humans on World already held bridged USDC in their World App wallets. Itâs now upgraded to native USDC issued directly by Circle. World is uniquely globally distributed with over 27 million users in over 160 countries.â
Worldcoin, the ambitious digital identity and cryptocurrency project founded by Sam Altman, is set to launch its iris-scanning Orb services in the UK starting June 12.
Sam Altman's World Network raised $135M in a private token sale of its WLD token to a16z and Bain Capital Crypto. The funds will support network expansion. The WLD token rose 14% on the news. World Assets, Ltd., a subsidiary of the World Foundation, sold the tokens at market prices to meet demand for Orb-verified World IDs and expand the network in the U.S. and beyond.
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Industries
Fintech
Crypto & Web3
Financial Services
Company Size
201-500
Company Stage
ICO
Total Funding
$285M
Headquarters
San Francisco, California
Founded
2019
Find jobs on Simplify and start your career today