Stock Track | Eightco Holdings (ORBS) Soars 5.80% on Robust WLD Holdings and Strategic Partnerships

Stock Track11-19

Eightco Holdings Inc. (NASDAQ: ORBS) saw its stock soar 5.80% in Tuesday's trading session following the release of its monthly Chairman's Message, which highlighted the company's substantial Worldcoin (WLD) holdings and strategic partnerships in the authentication sector.

The Chairman's Message revealed that Eightco currently holds 272,253,898 WLD tokens, representing over 10% of the current WLD supply in circulation. This significant stake in Worldcoin, coupled with 11,068 ETH and $58.2 million in unencumbered cash and stablecoins, demonstrates the company's strong position in the crypto asset space.

Investors were particularly encouraged by Eightco's introduction of Infinity by ORBS, a new authentication solution for enterprises and commercial entities. The company has already secured key partnerships with industry giants such as Coinbase and Kraken, signaling potential growth in various sectors including finance, advertising, gaming, and government. Dan Ives, Chairman of Eightco, emphasized the increasing demand for dependable human-verification solutions, positioning Infinity by ORBS as a critical tool in an AI-dominated world.

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