Eightco Holdings Inc. Transitions to Nasdaq Symbol ORBS, Pioneering AI Revolution
Eightco Holdings Inc. has officially changed its Nasdaq ticker symbol to "ORBS" as of September 11, 2025. This strategic move marks a significant milestone for the company and is a crucial step towards leading the AI revolution. Dan Ives, a seasoned technology expert and Wall Street analyst, has assumed the role of the Chairman of the Board, emphasizing the company's commitment to innovation in artificial intelligence and digital identity verification.
The shift to the ORBS symbol is more than just a nominal change; it represents the foundation of trust and authentication in the age of artificial intelligence. Ives noted, "Changing our symbol to ORBS signifies a decisive moment for Eightco and demonstrates our commitment to leading the Proof of Humanity revolution." This philosophy underlines their aim to create a platform that verifies individuals without storing personal data on the blockchain, thereby ensuring privacy and security for users.
This transformation comes on the heels of a successful private placement of $270 million, intended for the implementation of Worldcoin's innovative treasury strategy. The placement was spearheaded by MOZAYYX, alongside notable institutional investors including World Foundation, Discovery Capital Management, GAMA, FalconX, Kraken, Pantera, GSR, Coinfund, and many others. Additionally, BitMine Immersion contributed $20 million to this endeavor, highlighting the project's credibility and potential in the tech sphere.
Sam Altman, CEO of World, expressed bold aspirations, stating, "If we succeed in our mission, World could become the largest network of real people online, fundamentally changing the way we interact and conduct transactions on the internet." The Orb, a patented iris-scanning technology developed by World, is projected as the future solution to identity and security challenges, paving the way for trusted digital identities and evolving economic interactions.
The implementation of ORBS is projected to launch a new era of identity verification, establishing itself as the leading verification platform for consumers globally. The ORBS symbol stands to become synonymous with transparency and security in an increasingly digital world, where maintaining privacy is paramount.
The financial architecture for this initiative has been solidified with major investment firms acting as financial advisors and placement agents, ensuring robust institutional backing. RF Lafferty & Co., Inc. served as the exclusive placing agent, while Cantor Fitzgerald & Co. acted as financial advisor to MOZAYYX, helping to shape the financial landscape for this significant transition.
Furthermore, a commitment was made to the SEC to register common stock to be issued from the offering, ensuring compliance with all regulatory requirements. This adherence to legal standards will enable a smoother integration of the new symbol into the market, while providing a transparent framework for investors.
As Eightco Holdings Inc. ushers in this new chapter under the ORBS symbol, it is set to not only redefine its identity but also to lead the charge in creating a reliable, secure environment for digital interactions and transactions, assuring users a safe passage through the complexities of online identity verification.
In conclusion, by positioning itself at the forefront of this technological revolution, Eightco Holdings, under Dan Ives' leadership and vision, aims to reshape the future of digital economies and interactions, focusing on integrity, security, and the innovative potential of AI-based solutions. As the company steps boldly into its future with ORBS, the landscape of digital trust and identity verification may well be on the verge of a remarkable transformation.
The shift to the ORBS symbol is more than just a nominal change; it represents the foundation of trust and authentication in the age of artificial intelligence. Ives noted, "Changing our symbol to ORBS signifies a decisive moment for Eightco and demonstrates our commitment to leading the Proof of Humanity revolution." This philosophy underlines their aim to create a platform that verifies individuals without storing personal data on the blockchain, thereby ensuring privacy and security for users.
This transformation comes on the heels of a successful private placement of $270 million, intended for the implementation of Worldcoin's innovative treasury strategy. The placement was spearheaded by MOZAYYX, alongside notable institutional investors including World Foundation, Discovery Capital Management, GAMA, FalconX, Kraken, Pantera, GSR, Coinfund, and many others. Additionally, BitMine Immersion contributed $20 million to this endeavor, highlighting the project's credibility and potential in the tech sphere.
Sam Altman, CEO of World, expressed bold aspirations, stating, "If we succeed in our mission, World could become the largest network of real people online, fundamentally changing the way we interact and conduct transactions on the internet." The Orb, a patented iris-scanning technology developed by World, is projected as the future solution to identity and security challenges, paving the way for trusted digital identities and evolving economic interactions.
The implementation of ORBS is projected to launch a new era of identity verification, establishing itself as the leading verification platform for consumers globally. The ORBS symbol stands to become synonymous with transparency and security in an increasingly digital world, where maintaining privacy is paramount.
The financial architecture for this initiative has been solidified with major investment firms acting as financial advisors and placement agents, ensuring robust institutional backing. RF Lafferty & Co., Inc. served as the exclusive placing agent, while Cantor Fitzgerald & Co. acted as financial advisor to MOZAYYX, helping to shape the financial landscape for this significant transition.
Furthermore, a commitment was made to the SEC to register common stock to be issued from the offering, ensuring compliance with all regulatory requirements. This adherence to legal standards will enable a smoother integration of the new symbol into the market, while providing a transparent framework for investors.
As Eightco Holdings Inc. ushers in this new chapter under the ORBS symbol, it is set to not only redefine its identity but also to lead the charge in creating a reliable, secure environment for digital interactions and transactions, assuring users a safe passage through the complexities of online identity verification.
In conclusion, by positioning itself at the forefront of this technological revolution, Eightco Holdings, under Dan Ives' leadership and vision, aims to reshape the future of digital economies and interactions, focusing on integrity, security, and the innovative potential of AI-based solutions. As the company steps boldly into its future with ORBS, the landscape of digital trust and identity verification may well be on the verge of a remarkable transformation.
Topics Business Technology）
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