Eightco Holdings Completes $270 Million Private Placement for Worldcoin Treasury Strategy

Eightco Holdings Completes Significant $270 Million Placement for Worldcoin Treasury Strategy

In a remarkable move aimed at reinforcing its position in the evolving landscape of digital currencies and identity verification, Eightco Holdings Inc. (NASDAQ: OCTO) has announced the successful closing of a private placement totaling $270 million. This strategic initiative, noted as the first treasury strategy for Worldcoin (WLD), seeks to significantly enhance the company's capabilities in the realm of digital identity verification.

The placement has attracted a substantial amount of interest from various prominent institutional investors, highlighting the growing confidence in both Eightco Holdings and Worldcoin. Key participants in this successful placement included investment firms such as the World Foundation, Discovery Capital Management, GAMA, and BitMine Immersion amongst others, evidencing a strong support network within the investment community.

Dan Ives, a well-known expert in technology and AI and newly appointed chairman of the board, expressed enthusiasm regarding the transaction, stating, "Since the announcement of the private placement, we have witnessed enormous interest in OCTO and Worldcoin. Proof of Human is the next crucial step in the AI revolution, and World is uniquely positioned to provide the trust, verification, and authentication needed as AI becomes more deeply entrenched in our lives.”

Named as the leader of this substantial investment, MOZAYYX played a pivotal role in orchestrating the transaction. Additionally, the placement’s emphasis on Worldcoin underscores its critical role and potential within the digital asset ecosystem. The raised funds are intended primarily for the acquisition and maintenance of the Worldcoin cryptocurrency, which is set to be retained as a cash reserve while prioritizing ongoing core operations.

A significant aspect of Worldcoin's mission includes the creation of a Zero Knowledge Proof of Human (PoH), which aims to revolutionize online interactions by ensuring that human data is not directly stored on the blockchain. The company's innovative iris-scanning technology, known as Orb, is engineered to meet future security and identity challenges, providing a pathway to a universally trusted digital identity. Such advancements ensure the establishment of a reliable system for online trust, verification, and economic exchanges.

Moreover, Worldcoin's Orbs serve as the hardware backbone, verifying individual uniqueness, thereby distributing tokens fairly and establishing a credible digital identity framework. The goal is to position World as a leading verification platform worldwide, changing how identity is authenticated online.

As part of this transition, Eightco Holdings has also announced a change in its Nasdaq ticker symbol from OCTO to "ORBS," effective September 11, 2025. This aligns with the company's renewed focus on Worldcoin and its related initiatives. Investors and stakeholders are not required to take action regarding this change, which is largely a procedural move reflecting the strategic pivot.

Eightco Holdings Inc. is further committed to fostering growth within its subsidiaries, including Forever 8 and Ferguson Containers, while simultaneously seeking strategic acquisition opportunities within the technology solutions space aimed at the e-commerce ecosystem.

The successful completion of this private placement signifies a robust vote of confidence in Eightco's vision and future direction within the cryptocurrency market. As the interplay between emerging technologies and digital finance evolves, the role that companies like Eightco play will be pivotal in shaping the next generation of online communication and economic interaction.

For those interested in further information, updates and insights can be followed on their social media platforms, including Twitter and World's Orb.

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. All statements made, other than historical facts, are considered future-oriented and subject to various uncertainties and risks. The company makes no obligation to update any such forward-looking statements after the date of this release.