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."
Eightco, a US-listed company, has completed a $270 million private placement to implement its Worldcoin treasury strategy.
Author: PA一线
This content is for informational purposes only and does not constitute investment advice.




Ethereum's turbulent decade
Ten years have passed since the creation of Ethereum. Where is the "world computer" headed? This special feature will feature selected articles reviewing Ethereum's turbulent decade of rise, challenges, and breakthroughs.

PAData: Web3 in Data
Data analysis and visual communication of industry hot spots help users understand the meaning and opportunities behind each data.

Pioneer's View: Crypto Celebrity Interviews
Exclusive interviews with crypto celebrities, sharing unique observations and insights

AI Agent: The Journey to Web3 Intelligence
The AI Agen innovation wave is sweeping the world. How will it take root in Web3? Let’s embark on this intelligent journey together

Memecoin Supercycle: The hype around attention tokenization
From joke culture to the trillion-dollar race, Memecoin has become an integral part of the crypto market. In this Memecoin super cycle, how can we seize the opportunity?

Real-time tracking of Bybit attack
Bybit suffered a security incident, and funds worth $1.44 billion were withdrawn. A North Korean hacker group was accused of being the perpetrator.