World Assets Ltd., a subsidiary of the Worldcoin Foundation, has entered into a loan agreement with five trading companies operating outside the United States. These five entities have collectively received a loan of 10M WLD tokens, which 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.

This extension provides additional time for the trading companies to repay the loan, which is due in full upon maturity. The loan agreement is a significant development in the Worldcoin ecosystem, highlighting the company's commitment to supporting the growth and development of its trading partners.

The extension of the loan agreement is a testament to World Assets Ltd.'s willingness to work with its trading partners to ensure their success. By providing additional time for repayment, the company is demonstrating its confidence in the trading companies' ability to meet their financial obligations.

In conclusion, the extension of the loan agreement between World Assets Ltd. and the five trading companies is a significant development in the Worldcoin ecosystem. The additional time provided for repayment is a testament to the company's commitment to supporting its trading partners and ensuring their success.