Fundraising Fox

Eightco Holdings

NASDAQ: ORBS

Easton, US · Founded 2022 · Texas corporation · Public · 14 known investors

Nasdaq-listed Eightco Holdings (ORBS) runs a Worldcoin-centered digital asset treasury alongside indirect stakes in OpenAI and Beast Industries.

Also known as Eightco Holdings Inc. · OCTO · ORBS

Founders & leadership

BV
Brett VromanExecutive
KO
Kevin O'DonnellExecutive
TC
Timothy CabreraChief Operating Officer
BM
Brian McFaddenPresident, Chief Executive Officer and Director
MA
Mary Ann HalfordNamed on SEC filing

Board

LF
Louis ForemanBoard director
FJ
Frank JenningsBoard director
DI
Daniel IvesBoard director
NC
Nicola CaianoBoard director

Investors · 14

Also in the syndicate · 11

BitMine Immersion TechnologiesBrevan HowardDiametricDiscovery Capital ManagementFalconXGAMAMOZAYYXleadOccam CrestPanteraWedbushWorld Foundation

Reported raises · per SEC filings

Form D private placements

$350.9M disclosed across 5 rounds · 2022–2025

$270MraisedSep 2025 · 74 investors · Other Technology
Rule 506(c)
Officers, directors & promoters on the filing
  • Louis ForemanDirector
  • Frank JenningsDirector
  • Brett VromanExecutive Officer
  • Kevin O'DonnellExecutive Officer, Director
  • Daniel IvesDirector
  • Nicola CaianoDirector
Offering amount
$270M
Amount sold
$270M
Placement agents
R.F. Lafferty & Co.
First sale
Sep 2025
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06c
Full filing on SEC EDGAR ↗
$810KraisedFeb 2024 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Frank JenningsDirector
  • Kevin O'DonnellExecutive Officer, Director
  • Louis ForemanDirector
  • Brian McFaddenDirector
  • Brett VromanExecutive Officer
  • Mary Ann HalfordDirector
Offering amount
$810K
Amount sold
$810K
First sale
Feb 2024
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10.6MraisedMar 2023 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brett VromanExecutive Officer
  • Louis ForemanDirector
  • Kevin O'DonnellExecutive Officer, Director
  • Brian McFaddenExecutive Officer, Director
  • Frank JenningsDirector
  • Mary HalfordDirector
Offering amount
$10.6M
Amount sold
$10.6M
Sales commissions
$844.4K
Placement agents
Palladium Capital Group, LLC
First sale
Mar 2023
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$27.5MraisedSep 2022 · 44 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Frank JenningsDirector
  • Brian McFaddenExecutive Officer, Director
  • Louis ForemanDirector
  • Mary Ann HalfordDirector
  • Brett VromanExecutive Officer
  • Kevin O'DonnellExecutive Officer, Director
Offering amount
$27.5M
Amount sold
$27.5M
Minimum investment
$625K
First sale
Sep 2022
Incorporated
Corporation, Nevada, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$42MraisedFeb 2022 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Frank JenningsDirector
  • Timothy CabreraExecutive Officer
  • Louis ForemanDirector
  • Kevin O'DonnellExecutive Officer, Director
  • Brett VromanExecutive Officer
  • Brian McFaddenExecutive Officer, Director
  • Mary Ann HalfordDirector
Offering amount
$42M
Amount sold
$42M
Minimum investment
$12M
Sales commissions
$3.4M
Placement agents
Michael Hartstein
First sale
Jan 2022
Incorporated
Corporation, Nevada, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Eightco Holdings Inc. is a publicly traded company listed on Nasdaq under the ticker ORBS, headquartered in Easton, Pennsylvania. It operates a digital asset treasury strategy that uses Worldcoin (WLD) as its primary corporate reserve asset, with cash and Ethereum (ETH) held as secondary reserve assets. The company previously traded under the ticker OCTO and moved to ORBS on September 11, 2025, in connection with the adoption of the Worldcoin treasury strategy.

Before and alongside the treasury pivot, Eightco described itself as a holding company committed to the growth of its subsidiaries: Forever 8, an inventory capital and management platform for e-commerce sellers, and Ferguson Containers, Inc., a manufacturing and logistics provider for product and packaging needs, while seeking additional technology acquisitions in the e-commerce ecosystem.

As of July 26, 2026, Eightco reported total holdings of approximately $391 million, comprising a $90 million indirect investment in OpenAI held through special purpose vehicles (about 23% of treasury assets), an $18 million funded equity investment in Beast Industries (about 5%), a $1 million investment in Mythical Games, 301,971,219 WLD (about 28% of treasury assets, valued at $0.36 per WLD per Coinbase), 16,278 ETH, and roughly $142 million in cash and stablecoins.

Business model

Eightco holds digital assets and equity positions on its balance sheet rather than operating primarily as a conventional operating business, giving public equity investors single-ticker indirect exposure to Worldcoin, OpenAI and Beast Industries. Historically it also held operating subsidiaries, Forever 8 (inventory capital and management for e-commerce sellers) and Ferguson Containers (packaging manufacturing and logistics).

Traction

As of July 26, 2026 total holdings were approximately $391 million, including 301,971,219 WLD (~8% of circulating supply), 16,278 ETH, $90 million of indirect OpenAI equity, $18 million in Beast Industries, $1 million in Mythical Games and about $142 million in cash and stablecoins. Market capitalization was reported at approximately $340.3 million, with the shares trading around $0.80 and a 52-week range of $0.566 to $49.47.

Latest developments

On July 24, 2026, World Foundation announced a $52.5 million funding round led by Pantera Capital with participation from Bain Capital Crypto, Eightco, Selini Capital, Susquehanna Crypto and others; Eightco announced its participation on July 27, 2026, alongside a treasury update. Eightco also disclosed an additional $40 million equity investment into OpenAI, bringing its total indirect OpenAI exposure to approximately $90 million.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Eightco states it holds the largest publicly disclosed institutional WLD position globally, roughly 8% of circulating supply, and describes its Worldcoin treasury strategy as first-of-its-kind. It sits within the category of publicly listed digital asset treasury companies, distinguished by its focus on identity-linked tokens rather than Bitcoin or other established cryptocurrencies.

Technology

Eightco's treasury thesis is tied to World, a proof-of-human network built by Tools for Humanity (co-founded by Sam Altman and Alex Blania) and stewarded by the World Foundation, whose iris-scanning Orb devices issue a privacy-preserving, zero-knowledge World ID credential verifying that a user is a unique human rather than an AI agent.

Go-to-market

Public equity market investors seeking regulated-securities exposure to Worldcoin, artificial intelligence and creator-economy assets.

Geography

Headquartered in Easton, Pennsylvania, United States, with shares listed on the Nasdaq Capital Market.

History

The company operated as Eightco Holdings Inc. (Nasdaq: OCTO) with subsidiaries Forever 8 and Ferguson Containers. In 2025 it announced and closed a $270 million private placement to fund a Worldcoin treasury strategy, and changed its Nasdaq ticker to ORBS effective September 11, 2025. It subsequently added indirect equity exposure to OpenAI, reaching approximately $90 million invested after a further $40 million investment, plus positions in Beast Industries and Mythical Games, and in July 2026 participated in World Foundation's $52.5 million funding round.

Risks & controversies

The value of the company's holdings depends heavily on the price of the WLD token and on private-company valuations; the WLD position was marked at $0.36 per token in July 2026, and the shares traded near the bottom of a 52-week range of $0.566 to $49.47, with reported declines of 55.73% year-to-date and 48.68% over one year.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
52-week share price rangeJan 2026$0.566 - $49.47
Beast Industries equity investmentJul 2026$18M
Cash and stablecoinsJul 2026$142M
Ethereum heldJul 202616,278 ETH
Indirect OpenAI investmentJul 2026$90M
Market capitalizationJan 2026$340.3M
Mythical Games investmentJul 2026$1M
Share of WLD circulating supply heldJul 20268%
Share priceAug 2026$0.8043
Total holdings (treasury)Jul 2026$391M
WLD tokens heldJul 2026301,971,219 WLD

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 6

launches, deals, and filings
Jul 2026
Treasury update reports approximately $391 million in total holdings

Eightco provided an update on total holdings across digital assets and strategic investments in private technology companies as of July 26, 2026.

$391M source ↗

Jul 2026
Participation in World Foundation's $52.5M funding round

World Foundation announced a $52.5 million funding round led by Pantera Capital, including Bain Capital Crypto, Eightco, Selini Capital, Susquehanna Crypto and additional investors; Eightco announced its participation on July 27, 2026.

$52.5M source ↗

Jan 2026
Additional $40 million equity investment in OpenAI

Eightco made a new $40 million equity investment into OpenAI, bringing its total invested to approximately $90 million.

$40M source ↗

Sep 2025
Nasdaq ticker changed from OCTO to ORBS

Eightco Holdings' common stock began trading on Nasdaq under the new ticker symbol ORBS, replacing OCTO, with no other corporate action affecting shareholder rights.

source ↗

Sep 2025
Eightco closes $270 million private placement to fund Worldcoin treasury strategy

Eightco Holdings closed a $270 million private placement led by MOZAYYX with participation from World Foundation, Discovery Capital Management, GAMA, FalconX, Kraken, Pantera, GSR, Coinfund, Occam Crest, Diametric, Brevan Howard, Wedbush and others, including a $20 million investment by BitMine Immersion. Proceeds were designated for acquiring and holding Worldcoin (WLD) as the company's treasury reserve asset. RF Lafferty & Co. acted as exclusive placement agent.

$270M source ↗

Sep 2025
Dan Ives appointed Chairman of the Board

Dan Ives was described as newly appointed Chairman of the Board in connection with the closing of the $270 million private placement.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Eightco HoldingsTexas

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Eightco Holdings do?
Nasdaq-listed Eightco Holdings (ORBS) runs a Worldcoin-centered digital asset treasury alongside indirect stakes in OpenAI and Beast Industries.
Who are Eightco Holdings's investors?
Eightco Holdings's investors include CoinFund, GSR, Kraken.
How much funding has Eightco Holdings raised?
Eightco Holdings has disclosed $350.9M raised across 5 rounds.
Is Eightco Holdings publicly traded?
Yes — Eightco Holdings trades on NASDAQ under the ticker ORBS.
Where is Eightco Holdings headquartered?
Eightco Holdings is headquartered in Easton, US.