Classover plans to add Worldcoin tokens to treasury reserves

Classover Holdings Inc. (NASDAQ: KIDZ) announced plans to add Worldcoin tokens to its digital asset treasury reserve strategy. The K-12 online education company will acquire WLD tokens alongside its ongoing accumulation of Solana tokens.

Worldcoin is the native token of the World Network, a project co-founded by Sam Altman, Alex Blania, and Max Novendstern. The project combines World ID, a privacy-preserving proof-of-humanity protocol, and World App, a digital wallet designed for global economic participation.

"Worldcoin's vision of universal access aligns with our belief that every child deserves the opportunity to learn and thrive," said Stephanie Luo, CEO of Classover. "Adding WLD to our treasury is both a diversification strategy and a reaffirmation of our commitment to inclusion."

Classover operates as an AI-powered K-12 learning company and is developing an AI Tutor platform. The company has accumulated over 420,000 hours of live teaching data and is building what it calls the "Learning Genome" to provide personalized student support.

The company's forward-looking statements acknowledge risks including cryptocurrency price volatility, which could impact its financial condition and results of operations. The statements also note regulatory changes related to crypto assets and security risks related to cryptocurrency custody as potential concerns.

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