Eightco’s Shares Soar Following $125 Million Funding Commitment from Btmine, ARK, and Kraken’s Parent Company Payward

Eightco Holdings’ (ORBS) shares surged 25% following the announcement of $125 million in institutional funding commitments. Key investors include Bitmine Immersion Technologies, contributing $75 million, while ARK Invest and Payward each committed $25 million. Notably, Bitmine’s Chairman Tom Lee will join Eightco’s board. The firm has already allocated $75 million in AI and crypto ventures, investing $50 million in OpenAI and $25 million in Beast Industries, the channel of YouTube’s MrBeast. Eightco, previously known as Cryptyde, maintains a significant treasury of approximately 277 million WLD tokens, representing about 10% of the token’s circulating supply, alongside 11,000 ether and $82 million cash. The company’s strategy integrates technological trends like biometric verification to differentiate human activity from AI-generated content. Following the funding news, WLD’s price increased, now trading around $0.362, while ORBS trades at $1.00.

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