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Key stakeholder in the Worldcoin ecosystem, Eightco Holdings (NASDAQ: ORBS), has recently made a major move. Its board of directors has officially approved a share repurchase plan of up to $125 million. The company currently controls over 10% of the circulating WLD supply, making it an important player in the ecosystem. More notably, Eightco is backed by a number of heavyweight institutions—including well-known investors such as BitMine, Pantera Capital, Kraken, GSR, and Brevan Howard. According to official statements, the company will continue to increase efforts to promote the construction and development of the Worldcoin ecosystem. This move also reflects the ongoing confidence of institutions in this project.