Dan Ives, renowned technology and AI expert and Wall Street analyst, to serve as Chairman of the Board
In an increasingly agentic world, World is delivering critical “Proof of Human” (PoH)
“If we succeed on our mission, World might become the largest network of real people online, fundamentally changing how we interact and transact throughout the Internet,” says Sam Altman
The transaction was led by MOZAYYX with a strategic investment from BitMine Immersion (BMNR) and participation from World Foundation, Discovery Capital Management, GAMA, FalconX, Kraken, Pantera, GSR, Coinfund, Occam Crest, Diametric, Brevan Howard, Wedbush and more
Eightco Holdings Inc. (NASDAQ: ORBS) (“Eightco Holdings Inc.” or the “Company”) today announced it has changed its Nasdaq ticker symbol to “ORBS.” Beginning today, September 11, 2025, shares of the Company’s common stock will trade on Nasdaq under the new ticker symbol “ORBS.” The Company is not undertaking any other corporate action that affects the rights of outstanding common stock, and no action is required by shareholders in connection with the ticker symbol change. This follows the closing of its recently announced $270 Million private placement to implement the first-of-its-kind Worldcoin treasury strategy.
The transaction was led by MOZAYYX with participation from a premier list of institutional investors including World Foundation, Discovery Capital Management, GAMA, FalconX, Kraken, Pantera, GSR, Coinfund, Occam Crest, Diametric, Brevan Howard, Wedbush and more. A $20 million investment was made by BitMine Immersion (NYSE AMERICAN: BMNR).
“Changing our ticker to ORBS marks a defining moment for Eightco, signaling our commitment to leading the Proof of Human revolution,” said Dan Ives, the newly appointed Chairman of the Board. “ORBS symbolizes the foundation of trust and authentication in the AI era. With World’s zero-knowledge Proof of Human, individuals’ identities are verified without storing personal data on the blockchain, ensuring both security and privacy. This is more than a ticker change. It’s a clear signal of where the future is headed, and ORBS is at the eye of it all.”
World’s proprietary iris-scanning Orb technology is designed to meet the security and identity challenges of the future, offering a path to a universally trusted digital identity and the foundation for the next generation of online trust, verification and economic exchange.
The Orbs are the hardware backbone of Worldcoin, verifying unique humans, distributing tokens fairly, and creating a trusted digital identity system. World will be the leading verification platform for consumers around the world.
RF Lafferty & Co., Inc. acted as the Exclusive Placement Agent in connection with the private placement.
Cantor Fitzgerald & Co. acted as financial advisor to the lead investor, MOZAYYX.
Moelis & Company LLC acted as financial advisor to BitMine Immersion Technologies (BMNR).
Winston & Strawn LLP acted as counsel to the lead investor, MOZAYYX.
Graubard Miller acted as counsel to the Company.
Lucosky Brookman LLP acted as counsel to the placement agent.
The offer and sale of the foregoing securities were made in a private placement in reliance on an exemption from the registration requirement of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2) of the Securities Act and/or Regulation D promulgated thereunder, and applicable state securities laws. Accordingly, the securities offered in the private placement may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirement of the Securities Act and such applicable state securities laws. Concurrently with the execution of the securities purchase agreements, the Company and the investors entered into a registration rights agreement pursuant to which the Company has agreed to file a registration statement with the Securities and Exchange Commission (the “SEC”) registering the resale of the shares of common stock to be issued or issuable in connection with the offering.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.