rewrite this title and make it good for SEO Kraken, Pantera, GSR Invest in Eightco’s $250M Private Placement for Worlcoin Treasury – NFTgators

Quick take:

MOZAYYX led the private placement, with participation from World Foundation, Discovery Capital Management, GAMA, FalconX, Kraken, Pantera, GSR, Coinfund, Occam Crest, Diametric, Brevan Howard, and others.

Eightco also issued an additional 13,698,630 shares of common stock to BitMine at $1.46 per share for total proceeds of $20 million.

The company plans to use the net proceeds of the offering to acquire WLD for its strategic digital asset treasury portfolio.

Eightco Holdings, Inc. (NASDAQ: OCTO) has announced a private placement to raise $250 million to be used to establish a digital asset portfolio anchored with Worldcoin (WLD). The company PIPE is for the purchase and sale of approximately 171,232,877 shares of common stock at a price of $1.46 per share, according to a press release seen by NFTgators.

MOZAYYX led the private placement, with participation from World Foundation, Discovery Capital Management, GAMA, FalconX, Kraken, Pantera, GSR, Coinfund, Occam Crest, Diametric, Brevan Howard, and others.

Eightco also issued an additional 13,698,630 shares of common stock to BitMine Immersion (NYSE AMERICAN: BMNR) at $1.46 per share for total proceeds of $20 million.

The company expected the offer to close on or about September 11, 2025, upon satisfying customary closing conditions. 

Dan Ives, the Wall Street analyst and AI and technology expert appointed to serve as chairman of the board, said: “Sam Altman and Alex Blania began this incredible journey, and the future of AI requires World to lead the way in this AI-driven Fourth Industrial Revolution. World is the internet of people. While AI gives us infinite abundance, World gives us infinite trust and authentication.”

Thomas (“Tom”) Lee, Chairman of BitMine, commented: “BitMine wants to support and back innovative projects that create value for the Ethereum network. As an ERC-20 native token, World is aligned with Ethereum. World’s unique zero-knowledge Proof of Human credential could be essential to future trust and safety between technology platforms and their billions of human users.”

Stay on top of things:

Subscribe to our newsletter using this link – we won’t spam!

Follow us on X and Telegram.