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Fortune
Fortune
Ben Weiss

Sam Altman’s Worldcoin token nears $350 million market cap, potentially netting OpenAI CEO even more cash

(Credit: Karsten Moran for Fortune)

The chatbot ChatGPT has vaulted Sam Altman’s OpenAI to a valuation of almost $30 billion. Now, another project he’s cofounded, Worldcoin, potentially has raked in millions after launching a token whose market capitalization nearly touched $350 million, according to CoinMarketCap.

On Monday, the company airdropped, or gave out for free, the token, whose name is also Worldcoin and which goes by the ticker WLD, to users of the Worldcoin application, World App. Crypto exchanges like Binance, OKX, and Bitget quickly listed the token after its release. Worldcoin reached a high of $3.31 early Monday morning, per CoinMarketCap, but was trading around $2.76 with a market capitalization of $296 million at the time of publication.

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