Cryptocurrency roundup May 26: Trends in blockchain, how AI is capturing the crypto user's imagination & more

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The $115 Million Crypto Revolution Led by Blockchain Capital

Sam Altman’s crypto initiative, Worldcoin, has successfully raised $115 million in a Series C funding round, steered by Blockchain Capital, according to a recent announcement by Tools for Humanity (TFH). TFH, co-founded by Sam Altman, Alex Blania, and Max Novendstern, is the tech firm behind Worldcoin and its associated World App. The freshly acquired funds will bolster TFH’s ongoing research and development endeavors, supporting the expansion of the Worldcoin project and the further enhancement of the World App, a wallet tailored for the Worldcoin ecosystem. The round saw participation from a mix of existing and new strategic investors including a16z crypto, Bain Capital Crypto, and Distributed Global. More here.

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