Eightco shares jump $125 million funding commitment from Btmine, ARK, Kraken parent Payward

Eightco Holdings' shares increased significantly following the announcement of securing $125 million in new institutional funding commitments. Key commitments included $75 million from Bitmine Immersion Technologies, whose Chairman Tom Lee will join the board, $25 million each from ARK Invest (with Brett Winton as an adviser) and Payward (Kraken's parent company), alongside support from firms like Coinfund, Pantera, and FalconX.

Simultaneously, Eightco deployed $75 million into strategic investments: $50 million into OpenAI and $25 million into Beast Industries, the business arm of creator MrBeast. The company, formerly Cryptyde, also holds a substantial digital asset treasury, including approximately 277 million WLD tokens (nearly 10% of the circulating supply), 11,000 ether, and $82 million in cash reserves. Bitmine's Lee highlighted the synergy between Worldcoin (Proof of Human), OpenAI models, and MrBeast's content creation.

(Source：CoinDesk)