World Assets Ltd. Extends Loan Agreement With Five Trading Firms

According to Odaily, World Assets Ltd., a subsidiary of the Worldcoin Foundation, has signed a loan agreement with five trading companies operating outside the United States. These five entities have collectively received a loan of 10M WLD tokens. The tokens are due on or around June 14, 2024. However, World Assets Ltd. has chosen to extend the term of the loan agreement by one year to June 14, 2025, with all other terms of the agreement remaining unchanged. Upon maturity, each trading company is required to repay the loan in full.