Key Takeaways
- WLD price surged 25% as Eightco Holdings announced a $250M Worldcoin treasury strategy.
- Over 530,000 new users verified in seven days, pushing World App users past 33.5M.
The - University of Engineering and Technology in Peru joined Worldcoin’s anonymised computation network.
A Strong Market Rally
Worldcoin’s WLD token is enjoying a powerful rally. Prices jumped 25% in the past hours, extending weekly gains to nearly 50%.
The surge came after Eightco Holdings announced a $250 million private placement. The deal will fund the first Worldcoin treasury strategy, with WLD becoming Eightco’s main reserve asset.
Eightco’s stock reacted with equal intensity. Shares soared more than 4,300% to reach $77.92 after the news broke. Additional support came from BitMine, which invested $20 million through a separate deal.
The placement was led by MOZAYYX with participation from the World Foundation, Discovery Capital, Pantera, Kraken, FalconX, Brevan Howard, and others. Once the transaction closes, Eightco will update its Nasdaq ticker from OCTO to “ORBS.”
Institutional Backing Expands
The treasury strategy marks one of the boldest moves yet by an institution into Worldcoin. It signals a deeper level of confidence in the project, which has faced skepticism since launch.
Funds from the placement will be used to acquire WLD on the open market, locking the token into Eightco’s reserves. For Worldcoin, this offers a clear path toward more stability and legitimacy in the eyes of global investors.
At the same time, the deal further separates the project’s future from its original backers. The World Foundation and developer Tools for Humanity are intentionally stepping back from direct node operations to let outside institutions take a greater role.
Academic Partnerships Grow
The institutional wave was matched by progress on the technical side. The University of Engineering and Technology in Peru (UTEC) joined Worldcoin’s anonymised multi-party computation (AMPC) network.
UTEC now operates as one of several academic institutions supporting the system, alongside South Korea’s KAIST and UC Berkeley’s Responsible Decentralised Intelligence group. The move expands Worldcoin’s reach into Latin America and strengthens the decentralisation of its verification architecture.
How AMPC Works
Worldcoin introduced AMPC in May as a major privacy upgrade for Orb verifications. Rather than storing iris codes in plaintext, the system processes data locally.
Here’s how it works:
- Data is split into encrypted fragments.
- Fragments are distributed across independent nodes.
- Each node only handles partial information.
- The system produces a binary result showing whether a user is unique.
This privacy-focused design makes it far harder for attackers to compromise user data. Each node is powered by Nvidia H100 chips, giving the system massive scale. One node can handle up to 50 million uniqueness checks per second, enough to serve Worldcoin’s growing base.
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User Growth Breaks Records
While institutions and universities stepped in, users flocked to the app at record pace. More than 530,000 new people verified their identity in just seven days. That lifted total verified users above 33.5 million, the largest weekly growth spurt in weeks.
Wallet activity also set new milestones. Daily transactions passed the two-million mark for the first time. Over the same week, 31.6 million transactions were processed across the network.
This surge in adoption shows that despite controversy around biometric scanning, Worldcoin is managing to attract new interest. Growing participation in regions like Latin America only deepens its global footprint.
What This Means for WLD
The combination of heavy institutional buying, academic support, and strong user growth is a powerful driver for WLD’s price.
Investors view Eightco’s $250 million treasury deal as a bullish sign that WLD could see more adoption as a reserve asset. Meanwhile, AMPC’s rollout strengthens the project’s claims of privacy and decentralisation.
If momentum continues, Worldcoin could position itself as one of the standout tokens during a broader market recovery. To stay updated on crypto funding news and trends, visit our fundraising area for more insights.
