Dan Ives, famend know-how and AI professional and Wall Road analyst, to function Chairman of the Board
In an more and more agentic world, World is delivering essential “Proof of Human” (PoH)
“If we succeed on our mission, World may turn out to be the biggest community of actual individuals on-line, essentially 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”) in the present day introduced the closing of its lately introduced $270 Million non-public 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 traders 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 non-public placement, we’ve seen great curiosity in OCTO and Worldcoin,” stated Dan Ives, newly appointed Chairman of the Board. “Proof of Human is the following essential 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 non-public placement can be used for the Firm to accumulate and maintain Worldcoin (WLD) as its treasury reserve asset, whereas persevering with its give attention to the core enterprise operations. Whereas the treasury might also maintain money and Ethereum (ETH) as secondary reserve belongings, the emphasis can be on Worldcoin.
The Firm additionally introduced that the Nasdaq buying and selling image for the Firm’s frequent inventory can be altering to “ORBS.” Starting Thursday, September 11, 2025, shares of the Firm’s frequent inventory will commerce on Nasdaq underneath the brand new ticker image “ORBS.” The Firm shouldn’t be enterprise every other 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 information (ZK) Proof of Human so an individual’s human info shouldn’t be saved on the blockchain. World’s proprietary iris-scanning Orb know-how is designed to satisfy the safety and id challenges of the longer term, providing a path to a universally trusted digital id and the inspiration for the following technology of on-line belief, verification and financial alternate.
The Orbs are the {hardware} spine of Worldcoin, verifying distinctive people, distributing tokens pretty, and making a trusted digital id system. World would be the main verification platform for customers all over the world.
RF Lafferty & Co., Inc. acted because the Unique Placement Agent in reference to the non-public 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 location agent.
The provide 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 provided within the non-public placement is probably not provided or bought in america 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 traders 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 suggestion to promote or a solicitation of a suggestion to purchase these securities, nor shall there be any sale of those securities in any state or different jurisdiction by which such provide, solicitation or sale can be illegal previous to the registration or qualification underneath 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 Perpetually 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 means of strategic administration and funding. As well as, the Firm is actively searching for new alternatives so as to add to its portfolio of know-how options centered on the e-commerce ecosystem by means of strategic acquisitions. Via a mixture of modern methods and centered execution, Eightco goals to create vital worth and development for its portfolio firms and stockholders.
For extra particulars, observe 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 comprises forward-looking statements throughout the which means of the Non-public Securities Litigation Reform Act of 1995. All statements on this press launch apart from statements of historic reality might be deemed ahead wanting. Phrases equivalent to “plans,” “expects,” “will,” “anticipates,” “proceed,” “develop,” “advance,” “develop” “believes,” “steerage,” “goal,” “might,” “stay,” “venture,” “outlook,” “intend,” “estimate,” “might,” “ought to,” and different phrases and phrases of comparable which means and expression are supposed to establish forward-looking statements, though not all forward-looking statements comprise such phrases. Ahead-looking statements are based mostly on administration’s present beliefs and assumptions which can be topic to dangers and uncertainties and will not be ensures of future efficiency. Precise outcomes might differ materially from these contained in any forward-looking assertion on account of numerous components, together with, with out limitation: Eightco’s potential to keep up compliance with the Nasdaq’s continued itemizing necessities; surprising prices, costs or bills that scale back Eightco’s capital assets; Eightco’s incapability to boost sufficient capital to fund its enterprise; Eightco’s incapability 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’re cautioned to not place undue reliance on such forward-looking statements. For a dialogue of different dangers and uncertainties, and different essential components, any of which might 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 Kind 10-Okay 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 mirror future occasions or developments, besides as required by regulation.