Eightco, a US-listed company, has completed a $270 million private placement to implement its Worldcoin treasury strategy.

PANews reported on September 10th that, according to PR Newswire, Eightco Holdings Inc. (NASDAQ: OCTO) announced the successful closing of its recently announced $270 million private placement, with proceeds to be used to implement its Worldcoin Treasury strategy. The transaction was led by MOZAYYX, with participation from numerous institutional investors, including World Foundation, Discovery Capital Management, GAMA, FalconX, Kraken, Pantera, GSR, Coinfund, Occam Crest, Diametric, Brevan Howard, and Wedbush. BitMine Immersion (NYSE American: BMNR) invested $20 million. Proceeds from this private placement will be used to acquire and hold Worldcoin (WLD) as a reserve asset for its Treasury while continuing to focus on its core business operations. While the Treasury may also include cash and Ethereum as secondary reserve assets, its primary focus will be on Worldcoin. The company also announced that its common stock will be trading on Nasdaq under the symbol "ORBS."

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Author: PA一线

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