Eightco Boosts OpenAI Investment to $90 Million Amid AI Expansion

Eightco Holdings Inc., a Nasdaq listed firm focused on artificial intelligence and crypto linked ventures, has increased its equity stake in OpenAI by an additional $40 million, bringing its total investment to $90 million. The move strengthens Eightco’s exposure to one of the most influential private AI companies, co-founded by Sam Altman.

Eightco Strategy Targets AI and Crypto Growth

The company has aligned its growth strategy around both AI and blockchain ecosystems. It is currently the largest public holder of WLD, the native token of the World project backed by Altman. Eightco previously launched a $250 million WLD digital asset treasury and now controls around 10% of the token’s total supply.

Eightco has also expanded its partnerships, including ties with Tom Lee, who recently joined its board. His firm has invested $75 million into the company, further reinforcing its capital base.

Broader Portfolio and Market Reaction

Beyond AI, Eightco holds roughly $24 million in Ethereum and has invested $25 million in Beast Industries, founded by Jimmy Donaldson. Despite the expansion, the company’s shares fell about 5% in early trading, reflecting cautious market sentiment.

Disclaimer

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