Odaily Planet Daily reports: Nasdaq-listed Eightco Holdings has announced a new funding commitment of $125 million, with Ethereum treasury company Bitmine leading a $75 million investment, ARK Invest committing at least $25 million, and Payward, the parent company of crypto platform Kraken, also committing $25 million to ORBS. The new capital will support business expansion and investments in technologies shaping the next generation of artificial intelligence, blockchain infrastructure, and global digital consumer platforms. The company also stated it will continue holding Worldcoin, co-founded by Sam Altman, and Ethereum, and remains long-term bullish on the ERC-20 protocol. It is reported that Tom Lee, Chairman of Bitmine, will join Eightco Holdings’ board. Brett Winton, Chief Futurist at ARK Invest, will serve as an advisor to the ORBS board, while Dan Ives will step down as Chairman of ORBS. (PRNewswire)
Eightco Holdings Secures $125 Million in Funding Commitments, with Bitmine Leading a $75 Million Round
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Summary
Eightco Holdings, a NASDAQ-listed company, has secured $125 million in project funding, with Bitmine leading a $75 million investment. ARK Invest and Payward, parent company of Kraken, have each committed $25 million. The funds will support expansion in AI, blockchain infrastructure, and digital consumer platforms. The company will continue to hold Worldcoin and Ethereum, supporting the ERC-20 protocol. Tom Lee of Bitmine will join the board, and Brett Winton from ARK Invest will advise ORBS. Dan Ives is stepping down as chairman of ORBS. New token listings remain a key focus for future growth.
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