on Eightco Holdings (NASDAQ: ORBS)
Eightco Holdings Joins $52.5M Funding Round Led by World Foundation
Eightco Holdings Inc. (NASDAQ: ORBS) has declared its participation in a $52.5 million funding round orchestrated by World Foundation. This strategic move aligns with World's shift from establishing the network to scaling its utility, following its network reaching over 39 million members.
Eightco's diverse portfolio, valued at approximately $391 million, includes investments in tech enterprises such as OpenAI and Beast Industries, alongside digital assets like Ethereum and Worldcoin (WLD). Notably, the firm holds 301,971,219 WLD, marking a significant share in the supply.
The Company identified three key investment areas: artificial intelligence, digital identity, and the creator economy, establishing robust indirect exposure. Eightco's commitments also track OpenAI's potential IPO and Beast Industries' expansive digital presence.
R. P.
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