Sam Altman’s WLD Token Rises Amid $250M Treasury Backed by Major Investors
Sam Altman’s World (WLD) token jumped over 80% in less than two days, trading at $1.87 on Tuesday, after Eightco Holdings (NASDAQ: OCTO) announced a $250M private placement to establish a WLD digital asset treasury (DAT). The move adds momentum to World, formerly Worldcoin, a proof-of-humanity project built by Tools for Humanity, where users verify their identity via iris scans to receive tokens. Eightco also issued $20M in shares to BitMine, Ethereum’s largest corporate holder, and named Dan Ives as chairman of the WLD treasury. The transaction included backing from investors such as World Foundation, Pantera, Kraken, GSR, and Brevan Howard. The rally reflects growing attention to digital asset treasuries, which allow firms to leverage capital markets for crypto accumulation. While Eightco’s stock soared 3,000% on Monday, it quickly corrected, falling 18% Tuesday morning.