Eightco Holdings Secures $125 Million Funding Commitment, Bitmine to Lead $75 Million Investment
Svmuu News: Nasdaq-listed Eightco Holdings announced a new round of financing commitments totaling $125 million. Ethereum treasury company Bitmine will lead with $75 million, ARK Invest has committed at least $25 million, and Payward, the parent company of crypto platform Kraken, has also committed $25 million to ORBS. The new funds will support Eightco Holdings' business expansion and investments in technologies shaping next-generation AI, blockchain infrastructure, and global digital consumer platforms. The company also stated it will continue to hold Worldcoin, co-founded by Sam Altman, and Ethereum, and remains long-term bullish on the ERC-20 protocol. Tom Lee, Chairman of Bitmine, will join the Eightco Holdings board of directors. Brett Winton, Chief Futurist at ARK Invest, will serve as an advisor to the ORBS board, while Dan Ives will step down as ORBS Chairman. (PRNewswire)
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