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

Odaily Planet Daily News: In the SEC filing submitted by Grayscale for a Worldcoin ETF, it was disclosed 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 few participants from the World Foundation, Tools for Humanity, and Optimism, and governance remains primarily steered by the World Foundation.