Eightco Holdings Moves to Acquire Worldcoin with Strategic Investment

Published at 2025-09-09 16:07:57
Eightco Holdings Moves to Acquire Worldcoin with Strategic Investment – cover image

On September 8, 2025, Eightco Holdings (Ticker: OCTO) revealed a major strategic move to acquire Worldcoin, a cryptocurrency project co-founded by OpenAI CEO Sam Altman. This ambitious plan involves raising approximately $250 million through private placement, complemented by an additional $20 million investment led by Tom Lee's BitMine.

Eightco plans to establish Worldcoin as its primary treasury reserve asset, marking a pivotal shift towards integrating innovative crypto assets on its balance sheet. As part of this initiative, after the closing of the share placement on September 11, 2025, Eightco intends to change its stock ticker from OCTO to ORBS.

Notably, Worldcoin's technology powers World ID, which leverages biometric iris scans to create a unique digital identification system, pushing the boundaries of digital identity verification.

The market responded positively, with Eightco's market value rising to over $119 million following the announcement, reflecting investor confidence in the acquisition's potential.

For those interested in exploring crypto investment and purchasing options, platforms like Bitlet.app provide innovative services such as Crypto Installment plans, allowing you to buy cryptocurrencies now and pay monthly, making digital assets more accessible and easier to acquire.

Stay tuned for more updates on this exciting development in the crypto space as Eightco and Worldcoin move closer to reshaping treasury management and digital identity solutions.

Share on:

Related news

Morgan Stanley: US Stocks Likely Hold Despite Iran Tensions; Crypto Could Follow

Morgan Stanley says the U.S. equity rally should withstand rising Iran tensions so long as crude stays stable, a view that could matter for crypto if risk-on flows persist. A sharp, sustained oil spike remains the main threat to markets.

Investors Flee to Cash as Iran Crisis Rattles Markets

Rising tensions in Iran pushed global investors into cash, compressing demand for gold, bonds and stocks while volatility spiked. Cryptocurrencies including DASH saw muted flows as traders prioritized liquidity.

Published at 2026-03-03 19:30:25
CFTC Appoints David Miller as Enforcement Director Amid Crypto Crackdown

The CFTC has named David Miller as its new Director of Enforcement, reinforcing the agency’s oversight of digital-asset markets. The move comes as regulators intensify scrutiny of trading integrity and market misconduct.

UK Faces Calls to Ban Crypto Political Donations Over Security Concerns

A former Labour minister warned that foreign 'enemies of democracy' are using cryptocurrency donations to destabilise British politics, prompting renewed calls to ban such contributions. Critics argue anonymity and cross-border transfers complicate enforcement and threaten electoral integrity.

Published at 2026-03-02 17:00:51
BRR Jumps 5% After Buying 450 BTC, Expanding Share Buyback Program

ProCap Financial (BRR) rose 5.43% to $2.79 after the company disclosed a 450 BTC purchase and reported progress on an expanded share repurchase program.