ChainThink News, March 12: Eightco Holdings Inc. (NASDAQ: ORBS), the WLD treasury company, today announced a new round of funding commitments totaling $125 million, led by BitMine with $75 million in investment, while ARK Invest committed at least $25 million. The global crypto platform Kraken’s parent company Payward also pledged a $25 million investment into ORBS. This capital will fuel ORBS’s expansion into strategic investment areas, focusing on next-generation artificial intelligence, blockchain infrastructure, and global digital consumer platform technologies.

ORBS simultaneously announced the completion of its initial strategic investments totaling $75 million, including a $50 million investment in OpenAI and a $25 million investment in MrBeast and Beast Industries. These investments position ORBS as a core hub for cutting-edge AI technology and content creation, further diversifying its portfolio to include equity stakes in leading innovators worldwide. The company continues to hold long-term positions in Worldcoin, co-founded by Sam Altman, and Ethereum (ETH), reflecting strong confidence in the ERC-20 protocol.

The company has appointed Tom Lee, Chairman of BitMine, to join the ORBS Board of Directors. Brett Winton, Chief Futurist at ARK Invest, will serve as an advisor to the ORBS Board. Dan Ives will step down from his role as Chairman of ORBS.