Eightco Nets $125M Round
Eightco raised $125M from Bitmine, ARK Invest, and Payward to back AI, blockchain, and creator‑economy projects — a multi‑vertical pool that will fund partnerships including OpenAI and creator initiatives announced. The raise signals continued institutional appetite for cross‑sector AI + crypto investments.
Eightco closed $50 million in a strategic stake in OpenAI prnewswire.com and completed a $25 million investment in MrBeast’s Beast Industries as part of its initial deployment of the new capital prnewswire.com. Tom Lee (chairman of Bitmine) was named to Eightco’s board to support long‑term strategy prnewswire.com, while ARK’s Brett Winton was announced as an advisor to the company’s board prnewswire.com; former chairman Dan Ives has stepped down from his board role, according to contemporary reporting. msn.com Eightco’s disclosed digital‑asset treasury includes roughly 277 million WLD tokens and about 11,000 ETH, figures cited in coverage summarizing the company’s holdings and balance‑sheet exposure. coindesk.com The market reaction showed ORBS shares jumping roughly 20–22% to about $0.99 in early trading on the announcement coincentral.com, and the PR release lists further institutional participants beyond the lead backers — including CoinFund, Pantera, FalconX and GSR — as part of the syndicate supporting Eightco’s expansion. prnewswire.com
