Eightco secures $125M, expands into AI and blockchain

Eightco Holdings raised $125M led by Bitmine, ARK Invest, and Payward. Funds will drive AI, blockchain, and digital platform growth, with new board members and major OpenAI and Beast Industries investments.

Eightco Holdings has secured $125 million in new institutional funding, led by a $75 million investment from Bitmine Immersion Technologies, and $25 million each from ARK Invest and Payward, the parent company of crypto exchange Kraken. Following the announcement, Eightco’s shares surged by up to 25%. As part of the agreement, Tom Lee from Bitmine will join Eightco’s board, while Brett Winton from ARK Invest will serve as an advisor. Eightco has already allocated $50 million to OpenAI and $25 million to Beast Industries, while maintaining positions in Worldcoin and Ethereum. The new funding will support Eightco’s expansion into artificial intelligence, blockchain infrastructure, and digital consumer platforms, positioning the company as a key player at the intersection of these technologies. Additional backing comes from Coinfund, Pantera, and FalconX.