Today, Eightco Holdings stunned Wall 0 company, long focused on packaging and e-commerce, announced it had raised $270 million to buy Worldcoin tokens —the cryptocurrency linked to OpenAI CEO Sam Altman’s iris-scanning digital ID project. Eightco’s stock price soaring 5,000% in a single day , with trading volumes hitting record 1 market value briefly touched $210 million , far beyond what it ever reached in its packaging 2 came from heavyweight backers including Kraken and Discovery Capital , with Cantor Fitzgerald 3 company also plans to change its stock ticker to “ORBS,” a nod to Worldcoin’s futuristic iris-scanning 4 lend credibility, Eightco appointed well-known tech analyst Dan Ives as board 5 firm says it will now treat Worldcoin as its primary treasury asset , mirroring MicroStrategy’s famous bitcoin 6 itself has already drawn both excitement and controversy, with more than 26 million users and 12.5 million verified digital IDs 7 Eightco’s gamble pays off is uncertain—but today, it delivered one of the most dramatic corporate pivots of the year.
Story Tags

Latest news and analysis from Coinpaprika



