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

Eightco Holdings Inc. Completes Major Private Placement for Worldcoin Strategy

On September 11, 2025, Eightco Holdings Inc. (NASDAQ: OCTO) announced the completion of a significant private placement amounting to $270 million. This investment marks a pivotal step in implementing the innovative cash strategy associated with Worldcoin (WLD), a groundbreaking approach in the blockchain space aiming to enhance online interactions and transactions.

Strategic Leadership

The private placement transaction was spearheaded by MOZAYYX, with substantial backing from notable institutional investors including World Foundation, Discovery Capital Management, and Kraken, among others. A key contributor, BitMine Immersion (NYSE AMERICAN: BMNR), injected $20 million, further solidifying its commitment to the project's vision.

Dan Ives, a well-respected name within the technology and artificial intelligence sectors, has been appointed as the chairman of the board to lead the organization into this new chapter. Ives emphasized, "The Proof of Humanity is a crucial next step in the AI revolution, and World is well-positioned to offer the trust, verification, and authentication required in a world increasingly influenced by artificial intelligence."

The Role of Worldcoin

Worldcoin's strategy focuses on creating a Proof of Humanity through zero-knowledge proofs (ZK), ensuring that personal information isn't stored on the blockchain. This method aims to tackle future security and identity challenges, laying the foundation for a universally recognized digital identity. The proprietary Orb technology for iris recognition is at the heart of this initiative, designed to assure users of their unique identity while distributing tokens fairly and securely within an economic exchange framework.

With the recent funding, Eightco plans to acquire and hold Worldcoin as a primary reserve asset, emphasizing its proactive stance in maximizing the potential of cryptocurrencies. While Ethereum (ETH) may also remain in the treasury, Worldcoin will take precedence.