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Stock impact report

Eightco Raises $270M to Launch First Public Worldcoin Treasury Strategy [Yahoo! Finance]

Eightco Holdings Inc. (OCTO) 
Company Research Source: Yahoo! Finance
Eightco raised $270 million to acquire Worldcoin as its main treasury asset, with Ethereum and cash as secondary holdings. Institutional backers include Kraken, Pantera, GSR, and Brevan Howard, indicating growing interest in identity-linked digital assets. Dan Ives joins as Chairman, calling Proof of Human a core component for trust in an AI-driven economy. Eightco Holdings Inc. has completed a $270 million private placement to fund the industry's first Worldcoin (WLD) treasury strategy, the company announced in a press release published on September 10. The financing was led by MOZAYYX, with participation from institutional investors including World Foundation, Discovery Capital Management, Kraken, Pantera, GSR, Coinfund, and Brevan Howard. BitMine Immersion contributed $20 million. Eightco Treasury Plan Focuses on Worldcoin Eightco said the proceeds will be used primarily to acquire and hold Worldcoin as its reserve asset, with cash and Ethereum serving as secondary res Show less Read more
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