ChainThink report, December 29: WLD treasury-listed company Eightco Holdings announced that its board has approved a share repurchase program with a maximum capacity of $125 million, signaling strong management confidence in the company’s long-term strategy and valuation.

Eightco holds over 10% of the current circulating supply of WLD (Worldcoin), with strategic and institutional backers including BitMine (BMNR), MOZAYYX, World Foundation, Wedbush, Coinfund, Discovery Capital, FalconX, Kraken, Pantera, GSR, Brevan Howard, and others.

Eightco further emphasized that it will leverage Worldcoin treasury strategies and multiple strategic investments to advance the development of a global digital identity and authentication framework. Its subsidiary Infinity by ORBS is actively focused on enterprise-grade identity authentication resistant to AI-driven attacks, addressing the growing challenges of identity and verification posed by the large-scale deployment of AI.