TLDR
- Worldcoin increased by 3 percent on September 12 following Eightco Holdings’ major asset disclosure.
- Eightco Holdings now controls over 10 percent of Worldcoin’s circulating supply with 272 million WLD.
- The company also holds 11,068 ETH and over 58 million dollars in liquid assets.
- Worldcoin introduced Infinity by ORBS which is a proof-of-human system designed for enterprise identity verification.
- OpenAI partnered with Intuit in a multiyear deal worth over 100 million dollars to enhance products like TurboTax.
Worldcoin (WLD) rose 3% on September 12 following Eightco Holdings’ latest disclosure. The enterprise infrastructure firm confirmed control of over 10% of WLD’s circulating supply. The token traded at $0.69 during the price increase.
Eightco reported holding 272 million WLD in its digital asset treasury. The firm also owns 11,068 ETH and $58.2 million in cash. These holdings solidify one of the project’s largest treasury commitments.
According to Eightco’s statement, “We are committed to supporting blockchain-based identity innovation at global scale.” The company emphasized long-term involvement. Eightco’s strategic positioning adds weight to the token’s recent market recovery.
Eightco aligned its move with Worldcoin’s push into biometric verification. Worldcoin has launched Infinity by ORBS for large-scale enterprise identity verification. This aims to boost adoption across multiple business sectors.
Infinity by ORBS acts as a proof-of-human authentication system. It supports secure, scalable digital identity checks. Worldcoin expects enterprise uptake to accelerate following Eightco’s support.
WLD’s market activity responded positively. The token reclaimed support from a multi-week falling wedge pattern. Buyers regained momentum during early November trading.
The 12-hour chart shows resistance near $0.74 based on Bollinger Bands. Relative Strength Index stands at 40.16, suggesting room for growth. A breakout above $0.75 may trigger gains beyond $1.10.
Failure to clear mid-band resistance may reverse recent gains. A drop below $0.62 would end the bullish setup. Traders watch these levels for direction.
Worldcoin Rises as Intuit Joins OpenAI
Worldcoin’s parent firm OpenAI confirmed a major deal with fintech firm Intuit. The collaboration focuses on product integration using OpenAI’s models. Intuit will invest over $100 million in the multiyear effort.
Products like TurboTax will benefit from the AI expansion. TurboTax has over 100 million users globally. Nearly 40 million users are based in the United States.
Intuit’s shares rose 2.6% during pre-market trading on September 12. This followed the public confirmation of the partnership. WLD’s price rose alongside the announcement.
The partnership may create demand for related digital infrastructure. This supports Worldcoin’s global identity ambitions. Both firms aim to expand digital service access.
Polymarket Incentive Program Drives New WLD Demand
In October, Worldcoin entered a partnership with Polymarket. The deal offered new users a 10% WLD deposit incentive. This initiative targeted expansion of Worldcoin’s user base.
Polymarket supports blockchain-based prediction markets. It introduced the promotion to align with Worldcoin’s identity goals. This also helped build community trust.
The incentive was limited to new Worldcoin participants. It aimed to drive transaction volume and user activity. The partnership increased awareness of the project’s mission.
Worldcoin’s collaboration with Polymarket followed Eightco’s treasury news. Together, both moves supported stronger market visibility. These efforts positioned Worldcoin for broader adoption momentum.
Worldcoin currently trades close to $0.69. Resistance remains at $0.74 with technical signs supporting a further move. Traders monitor for a breakout above $0.75.
The post Worldcoin Climbs 3% After Eightco Discloses Massive WLD Holdings appeared first on Blockonomi.
Source: https://blockonomi.com/worldcoin-climbs-3-after-eightco-discloses-massive-wld-holdings/