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Dan Ives, famend know-how and AI skilled and Wall Avenue analyst, to function Chairman of the Board
In an more and more agentic world, World is delivering vital “Proof of Human” (PoH)
“If we succeed on our mission, World would possibly change into the most important community of actual folks on-line, basically altering how we work together and transact all through the Web” says Sam Altman
The transaction was led by MOZAYYX with a strategic funding from BitMine Immersion (BMNR) and participation from World Basis, Discovery Capital Administration, GAMA, FalconX, Kraken, Pantera, GSR, Coinfund, Occam Crest, Diametric, Brevan Howard, Wedbush and extra
EASTON, Pa., Sept. 10, 2025 /PRNewswire/ — (NASDAQ: OCTO) (“Eightco Holdings Inc.” or the “Firm”) at this time introduced the closing of its not too long ago introduced $270 Million personal placement to implement the first-of-its-kind Worldcoin treasury technique.
The transaction was led by MOZAYYX with participation from a premier listing of institutional buyers together with World Basis, Discovery Capital Administration, GAMA, FalconX, Kraken, Pantera, GSR, Coinfund, Occam Crest, Diametric, Brevan Howard, Wedbush and extra. A $20 million funding was made by BitMine Immersion (NYSE AMERICAN: BMNR).
“Since asserting the personal placement, we’ve seen super curiosity in OCTO and Worldcoin,” stated Dan Ives, newly appointed Chairman of the Board. “Proof of Human is the following vital step within the AI revolution, and World is uniquely positioned to ship the belief, verification and authentication that the world wants as AI turns into extra deeply embedded in each facet of our lives.”
Proceeds from the personal placement might be used for the Firm to amass and maintain Worldcoin (WLD) as its treasury reserve asset, whereas persevering with its concentrate on the core enterprise operations. Whereas the treasury may additionally maintain money and Ethereum (ETH) as secondary reserve belongings, the emphasis might be on Worldcoin.
The Firm additionally introduced that the Nasdaq buying and selling image for the Firm’s frequent inventory might be altering to “ORBS.” Starting Thursday, September 11, 2025, shares of the Firm’s frequent inventory will commerce on Nasdaq below the brand new ticker image “ORBS.” The Firm isn’t endeavor another company motion that impacts the rights of excellent frequent inventory, and no motion is required by shareholders in reference to the ticker image change.
World creates a zero data (ZK) Proof of Human so an individual’s human info isn’t saved on the blockchain. World’s proprietary iris-scanning Orb know-how is designed to fulfill the safety and identification challenges of the long run, providing a path to a universally trusted digital identification and the inspiration for the following technology of on-line belief, verification and financial trade.
The Orbs are the {hardware} spine of Worldcoin, verifying distinctive people, distributing tokens pretty, and making a trusted digital identification system. World would be the main verification platform for shoppers around the globe.
RF Lafferty & Co., Inc. acted because the Unique Placement Agent in reference to the personal placement.
Cantor Fitzgerald & Co. acted as monetary advisor to the lead investor, MOZAYYX.
Moelis & Firm LLC acted as monetary advisor to BitMine Immersion Applied sciences (BMNR).
Winston & Strawn LLP acted as counsel to the lead investor, MOZAYYX.
Graubard Miller acted as counsel to the Firm.
Lucosky Brookman LLP acted as counsel to the position agent.
The supply and sale of the foregoing securities have been made in a personal placement in reliance on an exemption from the registration requirement of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Part 4(a)(2) of the Securities Act and/or Regulation D promulgated thereunder, and relevant state securities legal guidelines. Accordingly, the securities supplied within the personal placement will not be supplied or offered in the USA besides pursuant to an efficient registration assertion or an relevant exemption from the registration requirement of the Securities Act and such relevant state securities legal guidelines. Concurrently with the execution of the securities buy agreements, the Firm and the buyers entered right into a registration rights settlement pursuant to which the Firm has agreed to file a registration assertion with the Securities and Trade Fee (the “SEC”) registering the resale of the shares of frequent inventory to be issued or issuable in reference to the providing.
This press launch shall not represent a proposal to promote or a solicitation of a proposal to purchase these securities, nor shall there be any sale of those securities in any state or different jurisdiction wherein such supply, solicitation or sale can be illegal previous to the registration or qualification below the securities legal guidelines of any such state or different jurisdiction.
ABOUT EIGHTCO HOLDINGS INC.
Eightco Holdings Inc. (NASDAQ: OCTO) is dedicated to development of its subsidiaries, made up of Without end 8, a listing capital and administration platform for e-commerce sellers, and Ferguson Containers, Inc., a supplier of full manufacturing and logistical options for product and packaging wants, by way of strategic administration and funding. As well as, the Firm is actively in search of new alternatives so as to add to its portfolio of know-how options centered on the e-commerce ecosystem by way of strategic acquisitions. By means of a mixture of modern methods and centered execution, Eightco goals to create important worth and development for its portfolio firms and stockholders.
For added particulars, comply with on X:
https://x.com/eightcoholdings
https://x.com/iamhuman_orbs
For photographs of the Orb with the brand new Chairman, please go to right here.
Ahead-Wanting Statements
This press launch incorporates forward-looking statements throughout the which means of the Personal Securities Litigation Reform Act of 1995. All statements on this press launch aside from statements of historic truth could possibly be deemed ahead trying. Phrases comparable to “plans,” “expects,” “will,” “anticipates,” “proceed,” “broaden,” “advance,” “develop” “believes,” “steering,” “goal,” “might,” “stay,” “mission,” “outlook,” “intend,” “estimate,” “may,” “ought to,” and different phrases and phrases of comparable which means and expression are meant to determine forward-looking statements, though not all forward-looking statements comprise such phrases. Ahead-looking statements are primarily based on administration’s present beliefs and assumptions which are topic to dangers and uncertainties and aren’t ensures of future efficiency. Precise outcomes may differ materially from these contained in any forward-looking assertion because of varied components, together with, with out limitation: Eightco’s capacity to keep up compliance with the Nasdaq’s continued itemizing necessities; sudden prices, fees or bills that cut back Eightco’s capital sources; Eightco’s lack of ability to boost satisfactory capital to fund its enterprise; Eightco’s lack of ability to innovate and appeal to customers for Eightco’s merchandise; future laws and rulemaking negatively impacting digital belongings; and shifting public and governmental positions on digital asset mining exercise. Given these dangers and uncertainties, you might be cautioned to not place undue reliance on such forward-looking statements. For a dialogue of different dangers and uncertainties, and different vital components, any of which may trigger Eightco’s precise outcomes to vary from these contained in forward-looking statements, see Eightco’s filings with the Securities and Trade Fee (the “SEC”), together with in its Annual Report on Type 10-Ok filed with the SEC on April 15, 2025. All info on this press launch is as of the date of the discharge, and Eightco undertakes no obligation to replace this info or to publicly announce the outcomes of any revisions to any of such statements to replicate future occasions or developments, besides as required by legislation.
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