Worldcoin's treasury operator Eightco Holdings (NASDAQ: ORBS) has announced a major move— the board has just approved a share repurchase plan worth up to $125 million. The logic behind this strategic move is quite clear: the company currently controls over 10% of the circulating supply of WLD tokens, holding a significant amount of chips.

What’s even more noteworthy is the backing from major institutional players. Participants like BitMine, Pantera, Kraken, GSR, and Brevan Howard have all entered the scene, indicating a consensus in the market about the prospects of this blockchain. Eightco’s next focus remains on its dual-core strategy—building the treasury system around Worldcoin, as well as developing an ecosystem for identity verification and AI anti-tampering technology.

In other words, this is not just a simple financial maneuver but a move to lay the groundwork for the digital identity and AI authentication sectors. Judging by the scale of the buyback and the participants involved, Worldcoin is determined to establish a strong foothold in this field.