Eightco Holdings Inc. has announced a ticker change on Nasdaq to 'ORBS' alongside a new strategy in the digital asset space.
Ticker Change and Financial Operations
On September 11, 2025, Eightco Holdings Inc. announced its ticker change from the previous one to the new 'ORBS'. This change followed the closing of a private placement of shares worth $270 million, aimed at implementing the unique treasury strategy for Worldcoin.
New Strategy and Worldcoin Technologies
The strategy involves the implementation of 'Proof of Human' (PoH) technology. It utilizes iris-scanning technology known as Orb to create a reliable digital identity. The protective capabilities of this technology are designed to ensure the security and privacy of personal data.
Management and Analyst Reactions
Dan Ives, the newly appointed Chairman of the Board, stated: 'Changing the ticker to ORBS marks a defining moment for Eightco, signaling our commitment to the Proof of Human revolution.' He added that ORBS becomes a symbol of trust and authentication in the AI era.
The ticker change and the implementation of the new strategy highlight Eightco Holdings' commitment to innovation in the digital asset space and securing a safe digital identity.