Eightco Skyrockets to $8B Valuation From Just $4M a Week Ago

Eightco shocked Wall Street with one of the fastest valuation jumps in recent memory. In just a few days, the company’s market worth leapt from about $4.4 million to $8.5 billion. That kind of surge is almost unheard of, and it immediately turned heads in both retail and institutional circles. The rise was fueled by a bold fundraising move. Eightco issued nearly 185 million new shares at $1.46 each, raising close to $270 million to build a large stake in Worldcoin, the crypto project backed by Sam Altman. Adding even more momentum, the company appointed Dan Ives, a well-known Wall Street analyst, as its new chairman.