Eightco holds $436M treasury with 283M WLD tokens after Robinhood listing

Eightco Holdings disclosed $436 million in total holdings as of June 24, including 283 million Worldcoin tokens and $90 million in indirect OpenAI equity, the company said Wednesday.

"The expanded liquidity of WLD improves the utility of the token itself," Thomas "Tom" Lee, board member of Eightco and managing partner at Fundstrat, said.

The Nasdaq-listed company's treasury also holds $149 million in cash and stablecoins, 16,278 Ether and an $18 million equity stake in Beast Industries, the media company founded by MrBeast. Eightco's 283 million WLD position represents approximately 8.2% of the token's circulating supply, making it the largest publicly disclosed institutional holder globally, according to the company.

The disclosure comes as World, the Proof of Human network behind WLD, identifies a $6.35 trillion addressable revenue opportunity across 13 industries including banking, e-commerce and agentic AI. OpenAI, in which Eightco holds an indirect $90 million stake, submitted a confidential S-1 filing for an initial public offering and on June 24 announced Jalapeño, its first AI processor developed with Broadcom.

WLD traded at $0.53 as of Wednesday, down 15% since Robinhood listed the token on June 23, according to CoinGecko data. The decline came despite expanded retail access to Robinhood's 28 million customers, with traders citing near-term selling pressure after the listing.

Eightco's treasury is structured around three themes: artificial intelligence (21% of holdings through OpenAI), digital identity (35% through WLD) and the creator economy (4% through Beast Industries). The company's board includes Lee, who also serves as chairman of Bitmine Immersion Technologies, and Brett Winton, chief futurist at ARK Invest, as an advisor.

World's Orb devices issue privacy-preserving World IDs that verify a user is a unique human rather than an AI agent, addressing what the project calls the "double human" problem in an era of deepfakes. Under World's business model, applications pay per-verification fees while end-user verification remains free.

The OpenAI IPO, if it proceeds, would provide a liquidity event for Eightco's largest single equity exposure. "We also believe the strong performance of the SpaceX IPO bodes well for the highly anticipated OpenAI IPO," Lee said.

This article is for informational purposes only and does not constitute investment advice.