24/7 Market News Snapshot 08 September, 2025 – Eightco Holdings Inc. Common Stock (NASDAQ:OCTO)
DENVER, Colo., 08 September, 2025 (www.247marketnews.com) – (NASDAQ:OCTO) are discussed in this article.
Eightco Holdings Inc. has recently captured attention with a remarkable surge in its share price, which soared to $4.469 in pre-market trading, reflecting an extraordinary increase of 208.21% from the previous close of $1.450. This dramatic rise is accompanied by a robust trading volume of 32.18 million shares, signaling a growing optimism among investors as they anticipate continued momentum for the stock.
At the core of this excitement is a strategic private placement agreement recently announced by Eightco. The company is offering approximately 171 million shares of common stock at a price of $1.46 per share, which could generate gross proceeds of around $250 million. This significant funding will support Eightco’s innovative treasury strategy, which aims to incorporate Worldcoin (WLD) as its primary reserve asset.
In a pivotal move, Dan Ives, a prominent authority in technology and AI, has been appointed as Chairman of the Board. Ives has expressed high hopes for the future, particularly regarding Worldcoin’s zero-knowledge Proof of Human (PoH) technology, which aims to enhance digital identity security amid the complexities of modern-day AI and digital interactions. This initiative also enjoys backing from several renowned investment firms in the technology and finance sectors.
As Eightco pursues its forward-looking strategy, it plans to harness World’s proprietary technology, which utilizes advanced iris-scanning for establishing universally recognized digital identities. This approach seeks to foster genuine connections between users and technology platforms, setting a new benchmark for online trust and verification.
With the anticipated closing of the private placement set for September 11, 2025, and a forthcoming change in its Nasdaq trading symbol to “ORBS,” Eightco is well-positioned to innovate within the digital identity space. This development not only marks a significant financial achievement but also underscores the company’s commitment to leading transformative advancements at the intersection of technology and identity.
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