Policy
Grayscale filing reveals 100 wallets hold 90% of Worldcoin
Protos·July 22, 2026·1 min read
Grayscale's S-1 filing for its Worldcoin ETF reveals that just 100 wallets hold roughly 90% of all WLD tokens in circulation. The disclosure highlights extreme concentration risk in the Worldcoin token supply, which could impact the ETF's structure and investor exposure to the asset.
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