Tom Lee-Backed Eightco Acquires 10% of Worldcoin Supply, Triggering Price Rally and Institutional Confidence

On September 12, Eightco Holdings, a Nasdaq-listed company supported by Tom Lee, disclosed that it now controls over 10% of Worldcoin's (WLD) circulating supply, amounting to approximately 272 million WLD tokens. This revelation prompted an immediate 3% price surge in WLD, with the token trading around $0.69 and a market capitalization of $1.60 billion.

Eightco's strategic treasury position also includes 11,068 ETH and $58.2 million in liquid assets, reinforcing one of the largest institutional holdings in the Worldcoin ecosystem. Concurrently, Worldcoin is intensifying its global digital biometric verification initiatives through the rollout of Infinity by ORBS, a proof-of-human authentication system designed for enterprise-scale adoption.

In a parallel development, Worldcoin's parent company, OpenAI, secured a multiyear partnership with Intuit, where the fintech firm committed over $100 million to integrate OpenAI technology into products like TurboTax, which boasts a global user base exceeding 100 million. Additionally, Worldcoin entered a collaboration with prediction markets platform Polymarket, offering a 10% deposit incentive for new WLD users to spur adoption.

From a technical standpoint, WLD exhibited early signs of a bullish reversal with a falling wedge pattern, suggesting potential for price targets above $1.10 if resistance levels are breached, though failure to hold support could lead to new lows.