Industry Newsblockchaingenerative aiark investworldcoin
Eightco Raises $125 Million For AI Expansion
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Eightco said Thursday it raised $125 million to expand into AI, blockchain, and digital consumer products, driving its shares up more than 15%. The commitments include $75 million from BitMine Immersion Technologies and $25 million each from Ark Invest and Payward; BitMine’s Tom Lee will join Eightco’s board while Ark’s Brett Winton becomes an advisor. The firm noted prior investments in OpenAI, Beast Industries, and a Worldcoin treasury.
Scoring Rationale
Solid funding and strategic partnerships increase industry relevance, but limited technical novelty and moderate depth constrain impact.
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