todayonchain.com

Tom Lee-backed Eightco Holdings now controls over 10% of WLD supply

Crypto Briefing
Eightco Holdings, backed by Tom Lee's BitMine, now controls over 10% of the circulating Worldcoin (WLD) supply.

Summary

Eightco Holdings, supported by Tom Lee-led BitMine Immersion, announced it now controls more than 10% of the circulating Worldcoin (WLD) token supply, holding approximately 272 million WLD tokens valued at over $155 million.

Eightco's portfolio also includes 11,068 ETH and $58.2 million in cash and stablecoins. The company previously partnered with BitMine in September for a Worldcoin-focused treasury strategy and has secured pilot programs with major exchanges like Coinbase and Kraken.

Furthermore, Eightco launched Infinity by ORBS, a new proof-of-human authentication platform aimed at enterprise and commercial sectors. Chairman Dan Ives stated that this platform, developed in collaboration with Tools for Humanity, is designed to become an essential verification layer across various industries beyond crypto, including advertising, gaming, healthcare, and TradFi, where dependable human authentication is crucial.

(Source:Crypto Briefing)