, Eightco Holdings Inc. (Nasdaq: ORBS) officially changed its stock trading code to "ORBS" on September 11, 2025. This change marks a significant advancement for the company in the "Proof of Humanity" field, aiming to drive a revolution in online identity verification and transactions in the future. The company has not carried out any other corporate actions that affect shareholder rights, so shareholders do not need to take any action.

Eightco Holdings recently completed a private placement financing of up to $270 million to implement the world's first Worldcoin financial strategy. This transaction was led by MOZAYYX, with participation from multiple well-known institutional investors, including the World Foundation, Discovery Capital Management, GAMA, FalconX, Kraken, and others. Notably, BitMine Immersion (NYSE AMERICAN: BMNR) also participated in the investment of $20 million.

Newly appointed Chairman of the Board Dan Ives said: "Changing the code to ORBS is a significant moment for Eightco, symbolizing our leadership position in the 'Proof of Humanity' revolution. ORBS represents the foundation of trust and certification in the age of artificial intelligence. Through World's zero-knowledge proof of humanity technology, individuals' identities are verified without storing personal data, ensuring security and privacy. This is not just a code change, but a clear statement of our direction for the future."

The proprietary iris scanning Orb technology of World is designed to address future security and identity challenges, providing global users with a reliable digital identity solution. Orbs devices are the hardware foundation of Worldcoin, capable of verifying unique human identities, fairly distributing tokens, and creating a trustworthy digital identity system. World will become the main verification platform for global consumers.

The exclusive placement agent for this private placement financing is RF Lafferty & Co., Inc., while Cantor Fitzgerald & Co. served as the financial advisor to the lead investor MOZAYYX. Additionally, Moelis & Company LLC provided financial advisory services to BitMine Immersion Technologies.

This transaction is exempt under Section 4(a)(2) of the Securities Act of 1933, and participants must comply with applicable state securities laws. Eightco Holdings will sign a registration rights agreement with investors and commit to filing a registration statement with the U.S. Securities and Exchange Commission (SEC) to register the resale of the common stock issued in this offering.

Key Points:

1. 🔄 Eightco Holdings officially changed its Nasdaq code to "ORBS," marking a strategic shift in the field of identity verification.

2. 💰 The company completed a $270 million private placement financing to implement the Worldcoin financial strategy, attracting numerous well-known investors.

3. 🔍 The new technology "Proof of Humanity" ensures user identity security and privacy, dedicated to building a digital trust system for the future.