Eightco Holdings – a Nasdaq-listed company – has just made a major milestone in the cryptocurrency market when announcing the world’s first Worldcoin (WLD) treasury strategy with a total value of up to 250 million USD . This is XEM a pioneering step, affirming Eightco’s position in the digital asset field, especially in the context of traditional investment funds increasingly interested in cryptocurrencies.
According to the announcement, $250 million will be raised through a private placement led by MOZAYYX, with the participation of a series of big names such as World Foundation, Pantera, Kraken, CoinFund, GSR, FalconX and many other partners. These are all leading financial and blockchain technology organizations, showing strong confidence in the future of Worldcoin.
In parallel, Eightco also received $20 million in strategic investment from BitMine (BMNR) - a company that is also publicly listed and currently holds up to 1.87 million ETH , equivalent to more than $8 billion . With this amount of Ethereum, BitMine is now recognized as the public enterprise holding the largest ETH in the world, thereby further strengthening the financial strength and reputation of this deal.
It is worth noting that this treasury strategy does not stop at holding Worldcoin as a form of reserve asset, but also opens up a new direction: bringing WLD into the traditional financial system, making it part of asset diversification strategies. This can be considered a major shift as cryptocurrencies are increasingly getting closer to global financial institutions.