On December 29, WLD Treasury publicly traded company Eightco Holdings announced that its board of directors had approved a share repurchase program of up to $125 million, demonstrating management’s strong confidence in the company’s long-term strategy and valuation.
Eightco holds more than 10% of the current circulating supply of WLD (Worldcoin), and its strategic and institutional backers include: BitMine (BMNR), MOZAYYX, World Foundation, Wedbush, Coinfund, Discovery Capital, FalconX, Kraken, Pantera, GSR, Brevan Howard, and others.
Eightco also emphasized that it will leverage the Worldcoin vault strategy and multiple strategic investments to promote the construction of a globally applicable digital identity and authentication framework. Its subsidiary, Infinity by ORBS, is focusing on enterprise-grade identity authentication resistant to AI attacks to address the identity and verification challenges brought about by the scaling up of AI.
