Worldcoin (WLD) jumped about 40% after reports said a small team is building a social platform with OpenAI that would use ChatGPT for content and biometrics for proof-of-personhood. The story sparked speculative buying and renewed interest in identity-focused crypto projects.
Worldcoin has erased all biometric data it collected from Kenyan citizens after a Kenyan High Court ruled the iris-scanning program unlawful. The move follows legal challenges over consent and data protection tied to the project co-founded by Sam Altman.

A company has announced plans to use the proceeds from an upcoming offering to acquire WLD as its primary reserve asset. The offering is expected to close on September 11, pending final confirmations.