Why Is the Crypto Token Worldcoin (WLD) Skyrocketing Today?
Yahoo Finance·2025-09-08 19:43

Group 1 - Worldcoin (CRYPTO: WLD) has surged 44.1% in the last 24 hours, coinciding with slight gains in the S&P 500 and Nasdaq Composite [1] - Eightco Holdings announced the addition of Dan Ives as chairman and plans to raise $250 million for a Worldcoin accumulation strategy [2] - Eightco's strategy is similar to the crypto accumulation approach pioneered by Michael Saylor and MicroStrategy, marking a shift towards crypto treasury management [3] Group 2 - Worldcoin is associated with Sam Altman's identity verification project, which aims to create unique biometric profiles for online identity verification in an AI-driven future [4] - The legality of Worldcoin is uncertain in many regions, with some countries banning the technology and others investigating its implications [5] - Eightco Holdings' move to adopt Worldcoin as a reserve asset represents a significant corporate adoption of the cryptocurrency [7]