Maison Solutions (MSS.US) has signed a securities purchase agreement with a U.S. institutional investor to issue up to $70 million in convertible notes through private placement. The raised funds will be used to launch a digital asset treasury centered around Worldcoin (WLD), the native token of the World Network.

The company plans to explore blockchain-related initiatives, including: cross-border payments using WLD as a reserve asset, financial inclusion for underserved customers, identity-verification-based anti-fraud loyalty programs, and human-verified customer interactions utilizing "proof of human" technology. Additionally, Maison Solutions may consider deploying Worldcoin Orb devices in its stores to enable offline identity verification, though the company has not yet applied to join the World Network or received approval for Orb deployment.

Following this announcement, Maison Solutions surged over 305% in Monday's pre-market trading.

Worldcoin is a digital identity project co-founded by OpenAI founder Sam Altman, designed to provide a crucial "Proof of Human" solution for an increasingly AI-driven world. The project has developed unique spherical iris-scanning hardware (Orb), where users verify their unique human identity by scanning their iris to participate in Worldcoin transactions. The project launched in the United States in July of last year.

Worldcoin utilizes zero-knowledge proof technology, which can confirm users as authentic and unique humans without storing biometric information on the blockchain. Sam Altman stated: "If our mission succeeds, Worldcoin could become the largest network of real humans online, fundamentally changing how we interact and transact across the entire internet."

Currently, the project has created nearly 16 million zero-knowledge human proof accounts across more than 45 countries.