Digital Identity
-
Dan Ives Set to Chair Company Acquiring Worldcoin’s Treasury
Wedbush Securities’ Dan Ives joins Eightco Holdings as chairman, coinciding with a $250 million private placement to strategically invest in Worldcoin (WLD). Eightco will rebrand to “ORBS,” mirroring Fundstrat’s Tom Lee’s previous move into blockchain. Ives believes Worldcoin offers critical identity verification in the age of AI, addressing a key limitation for AI’s growth. This trend reflects growing corporate interest in crypto treasury strategies beyond Bitcoin, fueled by increasing regulatory clarity and high-profile endorsements. Worldcoin aims to provide a “World ID” for human authentication in the face of deepfakes.