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Nasdaq-listed company Eightco Holdings has just announced a major move—the board has approved a $125 million share repurchase authorization. This move is actually part of the company's broader strategic layout.
In addition to the buyback plan, Eightco is also taking proactive steps to develop a universal digital identity and authentication framework through a series of strategic investments and deep collaborations. In simple terms, they are targeting new opportunities in the identity verification market amid the large-scale application era of AI. As AI applications become more widespread, the existing verification systems can no longer keep up, and the market's demand for more powerful and flexible identity authentication solutions will only become more urgent.
As an affiliated company of the WLD token, Eightco's initiatives also reflect the ongoing heat in the entire digital identity track. From stock repurchases to ecosystem development, the company is strengthening its competitiveness in this field across multiple dimensions.