90% of circulating WLD is concentrated in 100 wallets, Grayscale filing reveals Worldcoin governance still primarily guided by World Foundation

Odaily Odaily reports that Grayscale's SEC filing for a Worldcoin ETF discloses that approximately 90% of the circulating WLD tokens are concentrated in 100 wallets. The filing also acknowledges that World Chain's sequencer is operated in a centralized manner, upgrade functions are coordinated and controlled by a small group of participants from the World Foundation, Tools for Humanity, and Optimism, and governance remains primarily guided by the World Foundation.