Worldcoin, the cryptocurrency company founded by OpenAI CEO Sam Altman, is in discussions with investors, including sovereign wealth funds, about a new round of funding, The Block reported, citing people familiar with the matter. People familiar with the matter said that Worldcoin hopes to raise up to US$120 million at a valuation of US$3 billion, and this round of financing includes equity and token financing. Foresight News previously reported that Worldcoin had planned to raise US$100 million in March 2022 at a token valuation of US$3 billion, with participation from existing investors a16z and Khosla Ventures. This round of financing will be achieved through the sale of Worldcoin tokens.