OpenAI CEO Sam Altman aims for $100M funding for Worldcoin crypto project.

Worldcoin, the iris-scanning crypto project led by OpenAI CEO Sam Altman, is reportedly in advanced talks for a new round of financing worth around $100 million, backed by both existing and new investors. The project aims to create a global digital currency distributed to everyone in the world in a fair and equitable manner, using a biometric scan of the recipient's irises to verify their identity. Worldcoin's previous investment round included funding from venture capital firms Andreessen Horowitz and Khosla Ventures, bringing the project’s valuation to $3 billion. The project is still in beta but is reportedly preparing for an official launch in the next six weeks.