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Eightco Holdings Inc. ($ORBS) Digital Asset Treasury Launches "Chairman's Message" Video Series
Prnewswire· 2025-10-07 12:30
Core Insights - Eightco Holdings Inc. is reinforcing its "Power of Eight" initiative, aiming to verify 8 billion humans and target 800 million Worldcoin (WLD) tokens [1][3] - The company has surpassed 17 million verified humans and aims to reach 100 million in the next twelve months [1][3] - The "Chairman's Message" video series will be produced monthly to raise awareness about Worldcoin and its treasury strategy [2][3] Company Strategy - Eightco Holdings has closed a $270 million PIPE financing on September 9th, which supports its treasury strategy for Worldcoin [1][2] - The company is focused on creating substantial value, projecting a target value of $10 per WLD token, leading to an $8 billion potential valuation for ORBS [2][3] - The World ID is positioned as a universal single sign-on for various sectors, including government, fintech, and gaming, as the demand for Proof of Human increases [3] Upcoming Initiatives - Chairman Dan Ives will embark on the ORBS World Tour to promote Worldcoin, with stops in cities like San Francisco, Bangkok, Kuala Lumpur, Singapore, Seoul, Tokyo, and London [5]
Eightco Holdings (ORBS) Ends Losing Streak, Climbs 15.56%
Yahoo Finance· 2025-09-19 12:47
Group 1 - Eightco Holdings Inc. (NASDAQ:ORBS) experienced a significant rebound, rising 15.56% to close at $12.55 after a three-day decline, driven by investor bargain-hunting [1][3] - The company raised $270 million through a private placement with institutional investors, which will be used to establish a treasury of Worldcoin tokens [2] - In addition to Worldcoin, Eightco Holdings plans to hold cash and acquire Ethereum coins as secondary reserve assets [3] Group 2 - Worldcoin, co-founded by Sam Altman, aims to verify human identity using iris-scanning technology, addressing challenges in the digital era and promoting global financial inclusion [4] - The Chairman of Eightco Holdings, Dan Ives, emphasized the importance of "Proof of Human" in the AI revolution, highlighting the company's role in providing trust and verification as AI becomes more integrated into daily life [5]
Eightco Holdings Inc. Closes $270 Million Private Placement as First Worldcoin (WLD) Treasury Strategy
Prnewswire· 2025-09-10 10:00
Core Viewpoint - Eightco Holdings Inc. has successfully closed a $270 million private placement to implement a unique Worldcoin treasury strategy, aiming to enhance its position in the AI and digital identity space [1][3]. Group 1: Company Developments - Dan Ives has been appointed as the Chairman of the Board, emphasizing the importance of "Proof of Human" in the AI revolution and the company's strategic positioning [1][3]. - The private placement was led by MOZAYYX, with significant participation from various institutional investors, including BitMine Immersion, which contributed $20 million [2][3]. - The company plans to use the proceeds primarily to acquire and hold Worldcoin (WLD) as its treasury reserve asset, while also considering cash and Ethereum (ETH) as secondary reserves [3]. Group 2: Market Positioning - Worldcoin aims to create a trusted digital identity system through its proprietary iris-scanning technology, addressing future security and identity challenges [5][6]. - The Orbs, which are the hardware backbone of Worldcoin, are designed to verify unique humans and distribute tokens fairly, positioning World as a leading verification platform globally [6]. Group 3: Stock and Trading Information - The Nasdaq trading symbol for Eightco Holdings Inc. will change to "ORBS" effective September 11, 2025, with no other corporate actions affecting shareholder rights [4].
MEDIROM Joins the World Network, Embracing Next-Generation Proof of Human Concept Led by ChatGPT Creator Sam Altman
GlobeNewswire News Room· 2025-08-07 20:00
Core Points - MEDIROM Healthcare Technologies Inc. has partnered with Hakuhodo Inc. to promote the adoption of World ID in Japan, a protocol designed to verify human authenticity in the AI era [3][4] - The collaboration aims to install the "Orb" verification device in approximately 100 Re.Ra.Ku relaxation salons, with a target of issuing 500,000 new World IDs annually by the end of December 2025 [5][12] Company Overview - MEDIROM operates over 300 relaxation salons under the "Re.Ra.Ku" brand and has expanded into HealthTech, offering various health-related services and products [19] - Hakuhodo will provide planning and operational support as a flagship partner in the domestic expansion of the World project [12] - Tools for Humanity (TFH) is responsible for providing the World technology, platform operation, and security supervision, ensuring user privacy and control [12][16] Technology and Implementation - World ID is a global personal authentication technology that aims to provide digital proof of human identity, especially in a landscape increasingly populated by generative AI [9] - The "Orb" device utilizes advanced camera technology to verify individuals' humanness without compromising their identity [9][10] - Once verified, users can store their World ID in the "World App," allowing access to various compatible services [10] Market Context - The initiative is part of a broader global effort to build tools that help humanity adapt to the AI era, increasing online trust by distinguishing between humans and AI [8] - The project is co-founded by notable figures in the tech industry, including Sam Altman, aiming to create a new economic system where only verified humans can access certain services [8]
Bitcoin OG Hal Finney Predicted Worldcoin - Says Co-Founder Alex Blania
Bankless· 2025-07-23 17:02
Vision & Potential - The technology has a meaningful shot at reaching internet scale [1] - If it achieves internet scale, its impact will extend beyond just identity [1] - The early vision of a real human network with built-in financial primitives could become one of the most valuable networks [2] Core Idea - The concept of "proof of human" using a biometric device for internet-wide use is an original idea [2][3]