According to Odaily Planet Daily, Worldcoin said in a blog post on April 23 that its subsidiary World Assets will sell up to 1.5 million WLDs per week, worth about $8.2 million, through a series of "private placements to selected institutional trading firms operating outside the United States." Worldcoin wrote: "World Assets expects to sell an average of 500,000 to 1.5 million WLDs per week. Therefore, the circulating supply of WLD will increase accordingly." According to Coingecko data, the addition of up to 1.5 million WLD tokens per week for six months is equivalent to adding 36 million new tokens to the market, currently worth about $197 million.