FTX to hold a large auction! Will sell all WLD tokens at up to 75% off.

The FTX bankruptcy team, FTX estate, plans to auction off Worldcoin WLD tokens worth approximately $37.7 million at a steep discount. According to The Block, citing sources familiar with the matter, the tokens are currently being offered at a discount of up to 75%. Interested buyers must submit their bids by 8 p.m. ET on October 2nd, with the winning bidder to be notified on October 3rd.

Auction with Discounts of Up to 75%, WLD Tokens to be Fully Sold

The discounts for this auction are estimated to range from 25% to 40%, with the current market price of WLD tokens around $1.63 as of October 3rd cut-off. According to insiders, this batch of WLD tokens has not been unlocked yet, but from December 1st of this year to July 24th, 2026, 20,539 WLD tokens will be unlocked daily, and from July 25th, 2026, to July 24th, 2028, 13,689 WLD tokens will be unlocked daily. The FTX bankruptcy team will sell all 22.3 million WLD tokens they hold in this auction, and it is unlikely that there will be additional WLD tokens in the future.

Buyers Express Concerns Over Long-Term Lockups, Will Figure Markets Participate Again?

Despite the tempting discounts, some buyers are concerned about the long-term lockup of WLD tokens, as they will not fully unlock until 2028, raising liquidity concerns.

Figure Markets, a blockchain startup that has participated in other FTX asset auctions, with CEO Mike Cagney expressing interest, as per a now-deleted post. Insiders reveal that Cagney may ultimately not participate in this auction due to limited WLD circulation and low expectations from the FTX bankruptcy team.

Figure Markets will participate in FTX's SOL auction, allowing small community investments.

Existing Assets Mostly FTT But Nearing Worthlessness

This is not the first time the FTX bankruptcy team has sold tokens. In May of this year, they sold $7.5 billion worth of Solana SOL tokens at a discounted price, attracting large investors including cryptocurrency venture firm Pantera Capital. Additionally, in September, the FTX bankruptcy team successfully sold 62.6 million Metaplex MPLX tokens, with buyers being Pantera Capital and New York asset management firm ParaFi Capital.

Currently, the FTX bankruptcy team has sold off most assets, with only around $585 million in assets remaining, of which approximately $533 million are FTX's own FTT tokens. However, due to insufficient liquidity, FTT is challenging to sell on the market, with FTT remaining at $2.