Nasdaq-listed Eightco Holdings has revealed a $326 million place in 277 million Worldcoin tokens, plus ETH, money, and oblique OpenAI inventory, successfully changing the stake into Sam Altman’s identification undertaking and a high-beta company within the AI ​​ecosystem.
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- Eightco Holdings presently holds 277 million WLD tokens value roughly $326 million, making it the most important public firm holder of WorldCoin.
- The portfolio of Nasdaq-listed firms additionally consists of $90 million in oblique stakes in OpenAI, $25 million in Beast Industries, and greater than $100 million in money and stablecoins.
- Eightco positions itself as a enterprise that leverages Sam Altman’s WorldCoin ID undertaking and broader AI infrastructure, and holds practically 10% of WLD’s circulating provide.
Nasdaq-listed Eightco Holdings has revealed a $326 million asset place centered round 277,222,975 WorldCoin tokens, making it the world’s largest listed holder of WLD, an data paper reported. PR Newswire Press Launch. At an indicative worth of roughly $0.28 per WLD obtained from Coinbase on the time of disclosure, this place represents practically 10% of the circulating provide of World Coin (WLD), successfully turning Eightco right into a listed agent for the controversial identification token.
In the identical disclosure, Eightco reported further digital belongings and money holdings that spherical out its stability sheet. The corporate highlighted its $90 million oblique funding in OpenAI by a personal automobile, $25 million in Beast Industries inventory, and roughly $109 million in money and stablecoins, highlighting the WorldCoin wager alongside its broader publicity to AI and infrastructure.
Eightco mentioned its treasury consists of 11,068 ETH together with WLD positions and money, and described itself as “the most important public market participant within the World Coin ecosystem.” As of early March, the corporate’s filings present that WLD accounts for almost all of market-value belongings, with money and stablecoins offering a liquidity buffer in opposition to token worth fluctuations.
Chairman Dan Ives referred to as the technique a deliberate try to take a seat on the heart of the AI ​​and digital identification increase related to Sam Altman’s undertaking. “We imagine the worldwide AI revolution remains to be in its infancy, and Eightco is strategically positioning itself on the heart of this transformation,” Ives mentioned, explaining that the corporate’s focus is on constructing an “authentication and belief infrastructure” throughout shopper, enterprise, and gaming use instances.
The disclosure comes as WorldCoin trades within the sub-$1 vary after a pointy retrace from its earlier highs, with current information exhibiting WLD altering palms between $0.27 and round $0.32, with a market cap beneath $1 billion. This pricing means that Eightco’s 277 million token stake is very concentrated, high-beta publicity to each the WorldCoin identification experiment and market sentiment in the direction of AI-linked crypto belongings.
Eightco has beforehand raised a whole bunch of hundreds of thousands of {dollars} in personal placements to fund its Worldcoin Treasury technique and associated investments, suggesting that institutional buyers are prepared to fund stability sheets closely tied to a single experimental protocol. For fairness buyers, the up to date holdings flip ORBS right into a leveraged spinoff of WLD’s future. The upside shall be tied to the adoption of human-proofing methods, and the draw back shall be if token economics and regulatory headwinds overwhelm the AI ​​narrative.
