Eightco Holdings Changes NASDAQ Symbol to ORBS to Drive AI Revolution

Eightco Holdings Changes NASDAQ Symbol to ORBS

In a significant milestone for the company, Eightco Holdings Inc. has announced a change to its NASDAQ stock symbol, which will now be known as "ORBS". This change aligns with the company's strategic focus on advancing the revolution associated with artificial intelligence and the verification of human identity. The new symbol will officially take effect starting September 11, 2025.

The announcement comes on the heels of a recent $270 million private placement that aims to solidify Eightco’s cash strategy with Worldcoin, a pioneering initiative focused on seamless verification and identity assurance. As Dan Ives, the newly appointed chairman of the board and a prominent expert in technology and artificial intelligence, stated, "The change to our ticker symbol ORBS marks a defining moment for Eightco, signaling our commitment to lead the proof of human revolution."

Eightco Holdings is leveraging its proprietary Orb technology which utilizes advanced iris recognition to tackle future challenges related to security and identity. This innovative approach is expected to establish a universally accepted digital identity framework, serving as the basis for future trust, verification, and economic exchanges online.

"ORBS symbolizes the foundation of trust and authentication in the age of AI. With human proof technology allowing for identity verification without storing personal data on the blockchain, we ensure both security and privacy," Ives elaborated. He emphasized that this is not merely a change in stock symbol, but a clear indication of the company's forward-looking vision and pivotal role in shaping the future of digital transactions.

The tokenization aspect provided by ORBS is integral to the Worldcoin framework, which aims to facilitate the verification of unique individuals while promoting equitable distribution of tokens. World is set to become the primary verification platform for consumers globally.

The transaction facilitating this shift was led by MOZAYYX, involving key institutional investors including World Foundation, Discovery Capital Management, and Kraken among others. Notably, BitMine Immersion (NYSE AMERICAN: BMNR) has also collaborated with a strategic investment of $20 million.

Furthermore, with RF Lafferty & Co., Inc. acting as the exclusive placement agent and Cantor Fitzgerald & Co. serving as the financial advisor to the lead investor MOZAYYX, the details of this transaction illustrate a robust collaboration of industry leaders driving future innovations in AI and cryptocurrency.

Eightco’s move to change its NASDAQ symbol underscores its commitment to enhance user experience in digital identity verification while also ensuring compliance with NASDAQ's listing requirements. As Eightco continues to innovate and attract users to its offerings, its investment in the future of AI technology is expected to bring substantial growth opportunities.

For those interested in staying updated on Eightco Holdings and its revolutionary plans in AI and digital verification, the company encourages following its progress on social media via its X handle, @eightcoholdings. Additionally, images showcasing the company's new president alongside orbital technology can be found in the press galleries.

In conclusion, this pivotal change in the company's branding not only represents an updated public image but also signifies Eightco Holdings’ commitment to transform the landscape of digital identity verification amidst the growing demands for secure, user-friendly technologies. The shift to NASDAQ symbol "ORBS" becomes a beacon for stakeholders sharing a vision of a future where technology and transparency coexist seamlessly.