WLD Surges 20% as Eightco Unveils First Worldcoin Treasury

Worldcoin’s (WLD) price surged nearly 20% on Monday after Eightco Holdings announced a $250 million private placement to adopt WLD as its primary treasury reserve asset. The token climbed from $1.03 to just under $1.30, marking its sharpest single-day gain in weeks.

Eightco’s $270M Worldcoin Treasury Plan Sparks WLD Rally and 1,000% Stock Surge

Eightco said the capital raise included the sale of more than 171 million shares at $1.46 each. The official statement stated that BitMine Immersion Technologies added another $20 million investment through the purchase of 13.6 million shares at the same price. Together, the transactions fund what Eightco describes as the world’s first Worldcoin treasury strategy.

The company expects to complete the placement around September 11, pending Nasdaq approval. At closing, Eightco will change its ticker symbol from OCTO to ORBS. The treasury will prioritize Worldcoin, while also holding smaller reserves in Ethereum and cash.

Dan Ives, a prominent Wall Street analyst and technology expert, was named Eightco’s new board chairman. He said Worldcoin could become the foundation for authentication in an AI-driven economy. “World is the internet of people,” Ives stated, describing the system as a trusted layer in the Fourth Industrial Revolution. However, Worldcoin continues to face regulatory pushback, with Beijing recently cracking down on iris-scanning practices tied to the project.

The announcement immediately fueled market activity. According to TradingView data, Eightco’s Nasdaq-listed shares (OCTO) skyrocketed by more than 2,000%, jumping from $1.45 to $17.34 intraday. Traders pushed WLD price higher through the day. The token rose above $1.25 and briefly testing $1.30.

Altman and Lee Highlight Worldcoin’s Role as Investors Back Treasury Shift

Sam Altman, Worldcoin’s co-founder, framed the development as proof of growing institutional belief in the project. He noted that Worldcoin has created more than 16 million Proof of Human accounts across 45 countries. Altman said the mission is to build the largest verified human network online.

Chairman Tom Lee emphasized the alignment with Ethereum’s ecosystem, since WLD is an ERC-20 token. He said the Proof of Human model could become vital for safety and trust between platforms and billions of users. The investment forms part of BitMine’s “Moonshot” strategy to back bold ecosystem-strengthening ideas. Recently, BitMine also boosted its Ethereum treasury, reinforcing its balance sheet expansion

The funding round was led by MOZAYYX, with institutional support from World Foundation, Kraken, Pantera, Discovery Capital, GSR, and Brevan Howard. Advisory roles were handled by RF Lafferty, Cantor Fitzgerald, and Moelis & Company. With its treasury shift, Eightco has placed Worldcoin at the center of its balance sheet.

Paul

Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others.
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