OpenAI CEO Sam Altman’s Eye Scanning Cryptocurrency Surges

September 8, 2025 5:27 pm Comments

Worldcoin holders should be happy.

OpenAI CEO Sam Altman’s cryptocurrency Worldcoin surged 44% on Monday.

Worldcoin, which is a”blockchain-based identity and financial network that uses iris scans to verify humans,” saw a major boost after Eightco Holdings added Dan Ives to its board and revealed they will start investing in Worldcoin as an investment strategy.

The New York Post gave more details on why World Coin surged:

Sam Altman’s Worldcoin is the latest cryptocurrency to get the so-called treasury strategy treatment — when a publicly traded company uses a significant amount of cash on its balance sheet to buy digital assets.

On Monday, Eightco surged more than 3,000%, from $18 per share to $45 per share, off the announcement that it will purchase $270 million of Worldcoin — while Worldcoin skyrocketed nearly 50%, from $1.03 to $1.53.

The digital identity cryptocurrency project wants to authenticate every person on Earth by scanning their irises, generating a unique “IrisCode” but not, the company says, saving their biometric data.

Eightco will change its name to Orbs, an homage to the Worldcoin mission, when the deal officially closes later this week, pending Nasdaq’s approval.

“This is not just a crypto token strategy … this is tech infrastructure,” Dan Ives, Wedbush Securities analyst and Eightco’s new chairman, told me in an exclusive interview. “There is a ceiling on the future of AI without true human proof identification … Worldcoin is integral to the AI buildout.”

If you’re unfamiliar with Worldcoin and its iris scanning technology, check out the video below:

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