Eightco Holdings (NASDAQ:ORBS) invested an additional $40 million in OpenAI, bringing total commitment to $90 million and adding Bitmine (NYSE:BMNR) Chairman Tom Lee to its board.
The OpenAI Investment
OpenAI now represents approximately 30% of Eightco’s total treasury position.
The company’s holdings include 277.2 million WLD tokens, 11,068 ETH, and $76 million in cash and stablecoins.
Eightco holds nearly 10% of current WLD supply in circulation, positioning it as the largest public market participant in the Worldcoin ecosystem.
“Access to high-growth private companies has historically been limited to institutional investors, and we’re proud to offer retail investors meaningful exposure to one of the most important AI companies in the world,” said Kevin O’Donnell, CEO of Eightco.
The company recently announced $125 million in new funding commitments led by $75 million from …Full story available on Benzinga.com
On-Chain Data Shows XRP Price Bottom Might Be Further Below Heres Why
...
Read moreDetails