Hamilton, Bermuda, October 7th, 2025, Chainwire
Funding round co-led by tier one global investors, Bain Capital Crypto and Haun Ventures with Pantera Capital and additional participation from Apollo, Northwestern Mutual Future Ventures, and Stillmark.
- Funding will accelerate global access to BTC-denominated life insurance, annuities, savings and insurance bonds through institutional partners, protecting policyholders worldwide from inflation and currency risk
- Meanwhile is regulated by the Bermuda Monetary Authority, a premier global financial regulator, and offers savings and protection products in BTC, the world’s leading store of value.
- Driven by surging demand from individuals and institutions seeking the protection of Bitcoin-denominated savings and corporate treasury products Meanwhile’s Bitcoin AUM growth is over 200%.
Meanwhile today announced it has raised $82 million in new capital to meet growing demand from individuals seeking to protect their families and established financial institutions seeking to offer bitcoin-linked savings, retirement, and life insurance products to their customers.
Meanwhile’s innovative products combine the security and predictable benefits of traditional life insurance and annuities with Bitcoin – a scarce, inflation-resistant asset built to preserve long term value. Meanwhile’s approach provides policyholders worldwide with a powerful tool for long-term financial planning, inflation hedging, and secure wealth transfer.
The round was co-led by Haun Ventures and Bain Capital Crypto with Pantera Capital and additional participation from Apollo, Northwestern Mutual Future Ventures and Stillmark. With support from both crypto-native and traditional financial institutions, the financing points to Bitcoin’s growing acceptance as a foundation for mainstream financial products. This raise brings Meanwhile’s total funding in 2025 to $122 million, following a $40 million Series A earlier this year co-led by Framework Ventures and Fulgur Ventures.
Meanwhile enters its next stage grounded in breakthroughs that have reshaped insurance and Bitcoin capital markets:
- First Bitcoin-denominated life insurer in the world.
- First long-term insurance license granted in Bermuda, setting a global precedent.
- First audited Bitcoin financial statements, establishing trust and transparency.
- First Bitcoin life insurance products, transforming a sector that represents ~3% of global GDP.
- Earns Bitcoin through conservative lending and private credit, making Meanwhile one of the world’s largest long-duration BTC lenders (terms over six months).
“Life insurers have always provided the steady, long-term capital that keeps financial markets moving,” said Zac Townsend, CEO of Meanwhile. “We’re bringing that same role to Bitcoin—helping families save and protect wealth in BTC, while giving institutions new ways to earn returns and launch bitcoin-indexed products that are compliant and easy to scale. This raise lets us build on what’s working and expand it with partners around the world.”
Bitcoin needs more than short-term speculation. It requires dependable, long-duration solutions backed by real economic activity. Meanwhile delivers bitcoin-denominated savings and protection that families and institutions can rely on while generating sustainable yield through conservative private credit and long-term lending to high-quality counterparties. Built for trust from day one, Meanwhile operates as a licensed, prudentially regulated carrier, meeting solvency and reserve standards on par with the world’s most established insurers.
“At Haun Ventures, our thesis is that the Bitcoin economy needs more than trading platforms and DATs—it needs the core building blocks of capital markets. Just as the U.S. economy was built on insurance, pensions, and mortgages, the Bitcoin economy will require its own long-duration financial products. Meanwhile is the first mover in this category, and we believe it will unlock a new wave of innovation across Bitcoin-denominated markets,” said Chris Ahn, Partner at Haun Ventures.
“Meanwhile is building simple, compliant, and lasting products that make Bitcoin practical for both people and institutions,” said Stefan Cohen, Partner at Bain Capital Crypto. “We’re excited to back the team as they scale and work with established insurers to bring bitcoin-linked savings and retirement products to market—safely, at institutional grade, and globally.”
About Meanwhile Incorporated
Meanwhile’s mission is to enable anyone, anywhere to save, protect, and build wealth across generations. Meanwhile Incorporated is the parent company of Meanwhile Insurance Bitcoin (Bermuda) Limited, the first licensed long-term insurer denominated entirely in Bitcoin. All premiums, policy values, and claims are managed in Bitcoin (BTC). Co-founded by fintech entrepreneurs Zac Townsend and Max Gasner, with support from previous investors including Sam Altman.
For more information, users can visit meanwhile.bm and https://x.com/meanwhilelife
Contact
Media inquiries
press@meanwhile.bm
Reinforces “Power of Eight” Initiative, targeting 800M Worldcoin (WLD) tokens and verify 8B humans
Currently over 17 million verified World humans, with goal of verifying 100 million in the next twelve months
World is the single sign-on and Proof-of-Human verification for the AI era
The Company is supported by a select group of strategic and institutional investors including: BitMine (BMNR), MOZAYYX, World Foundation, Wedbush, Coinfund, Discovery Capital Management, FalconX, Kraken, Pantera, GSR, Brevan Howard and more
EASTON, Pa., Oct. 7, 2025 /PRNewswire/ — Eightco Holdings Inc. (NASDAQ: ORBS) today announced the launch of its “Chairman’s Message” video series and corporate presentation. This Chairman’s message is expected to be produced monthly. The company closed on its $270 million PIPE (private investment into a public equity) financing on September 9th. It was recently announced that the World network has surpassed 17 million verified humans.
“We’ve seen tremendous interest and enthusiasm around Worldcoin and our treasury since launching ORBS,” said Dan Ives, Chairman of Eightco Holdings Inc. ($ORBS). “The ‘Chairman’s Message’ shares my perspective on why WLD is leading the charge into our AI-driven future. We see substantial value creation ahead, with a target of acquiring 800 million WLD tokens and a projected value of $10 per token, representing an $8 billion potential valuation for ORBS.”
As part of his mission to raise global awareness for $ORBS and Worldcoin, Chairman Ives will embark on the ORBS World Tour, visiting several of the cities where World stores are located, including:
- October 7: San Francisco
- October 18-21: Bangkok
- October 22-23: Kuala Lumpur
- October 24-25: Singapore
- October 27-28: Seoul
- October 29-30: Tokyo
- December 8-10: London
“As AI-generated content continues to surge, the need for Proof of Human will only grow. We believe World ID will emerge as the universal single sign-on of the future, integrating across governments, enterprises, fintech, dating, gaming, and beyond,” added Ives.
Both the “Chairman’s Message” and corporate presentation are available on the website: www.8co.holdings/chairmans-message
ABOUT EIGHTCO HOLDINGS INC.
Eightco Holdings Inc. (NASDAQ: ORBS) is delivering a first-of-its-kind Worldcoin (WLD) treasury strategy. With this digital asset treasury (DAT), Eightco is advancing the AI revolution, implementing a technology infrastructure layer that is integral to the future of authentication, verification and Proof of Human (PoH). World is the single sign-on and Proof-of-Human verification for the AI era. In an increasingly agentic world, Eightco aims to achieve a universal foundation for digital identity.
For additional details, follow on X:
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical fact could be deemed forward looking. Words such as “plans,” “expects,” “will,” “anticipates,” “continue,” “expand,” “advance,” “develop” “believes,” “guidance,” “target,” “may,” “remain,” “project,” “outlook,” “intend,” “estimate,” “could,” “should,” and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements are based on management’s current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: Eightco’s ability to maintain compliance with the Nasdaq’s continued listing requirements; unexpected costs, charges or expenses that reduce Eightco’s capital resources; Eightco’s inability to raise adequate capital to fund its business; Eightco’s inability to innovate and attract users for Eightco’s products; future legislation and rulemaking negatively impacting digital assets; and shifting public and governmental positions on digital asset mining activity. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Eightco’s actual results to differ from those contained in forward-looking statements, see Eightco’s filings with the Securities and Exchange Commission (the “SEC”), including in its Annual Report on Form 10-K filed with the SEC on April 15, 2025. All information in this press release is as of the date of the release, and Eightco undertakes no duty to update this information or to publicly announce the results of any revisions to any of such statements to reflect future events or developments, except as required by law.
Dubai, UAE, October 7th, 2025, Chainwire
Pepeto, an Ethereum-based meme coin project, has raised over $6.93 million during its ongoing presale. The token is currently offered at a fixed presale price of $0.000000157, with a total supply of 420 trillion—mirroring PEPE’s tokenomics. As part of its early-stage development, Pepeto has launched a demo version of its decentralized exchange, PepetoSwap, and is building a cross-chain bridge to support liquidity and interoperability. The project also offers staking at a 222% APY, aimed at rewarding participants during the presale phase.
BNB Market Update: $1,244 Price, $173B Market Cap, and Q4 Outlook
BNB is trading at $1,244.17 with a market capitalization of $173.17 billion, continuing an upward trend after breaking out of a flag pattern and retesting the $1,000 level as support. Analysts highlight consolidation near the $1,200 mark, with identified technical levels between $1,300 and $1,350. Market attention remains focused on the ongoing competition between Binance and Coinbase as Q4 unfolds.
Ethereum ATH Metrics and BNB Scarcity Consideration
Ethereum (ETH), created by Vitalik Buterin, is currently priced at $4,714.63 and nearing its previous all-time high of $4,900. On a return basis, ETH offers limited room for short-term gains at current levels. In contrast, a token such as BNB, if priced against ETH’s historical highs, would mathematically reflect a higher return multiple due to its current market price. BNB’s circulating supply of approximately 139.18 million is often cited in discussions around long-term scarcity.
Meme Coin Market Overview: PEPE, SHIB, and DOGE
PEPE is trading at $0.00001020, with a prior ATH of $0.00002479. SHIB stands at $0.00001282, close to its peak of $0.00001283. DOGE is priced at $0.2667, with a previous high near $0.57. These tokens each exhibit distinct market trajectories and historical volatility profiles.
Community Commentary and Project Narrative
Online discussions around Pepeto have drawn comparisons to PEPE, with some community members referencing a reported shift in direction by a former contributor associated with the original “TO” (Technology and Optimization) concept. While such claims remain unverified, the Pepeto project has received attention for launching products during the presale and pursuing infrastructure development.
Pepeto Project Highlights
- PepetoSwap Demo Exchange: Live during the presale, enabling early access to the platform’s trading interface.
- Cross-Chain Bridge: Under development to support liquidity across blockchain ecosystems.
- Staking Rewards: 222% APY designed to incentivize presale participants.
- Tokenomics: Fixed supply of 420 trillion tokens with utility features in development.
Presale Access
The Pepeto presale remains active via the official website. Participants are advised to verify sources and avoid any third-party platforms claiming affiliation.
- Official website: https://pepeto.io
- Telegram: https://t.me/pepeto_channel
- X (Twitter): https://x.com/Pepetocoin
About Pepeto
Pepeto is a presale-stage meme coin project built on Ethereum, combining meme culture with product features such as zero-fee trading, staking, and cross-chain compatibility. With a demo exchange already released and staking options available, Pepeto aims to deliver utility from the early stages of its development roadmap.
Disclaimer
The Pepeto presale is live. To participate, users should only access the official website at pepeto.io. As the presale continues, participants are urged to confirm the authenticity of any communication channels and avoid unauthorized sources.
Contact
Daniel B
COO
contact@tokenwire.io
NEW YORK, Oct. 7, 2025 /PRNewswire/ — Zeta Network Group (Nasdaq: ZNB) (the “Company“) today announced it has entered into a Strategic Partnership Agreement (the “Agreement“) with SOLV Foundation (“SOLV“), a multi-chain Bitcoin liquid staking and institutional-grade structured finance platform with $2.5 billion in TVL, powering SolvBTC across Binance, Base and Solana. The partnership underscores the Company’s ambition to establish itself as a Nasdaq-listed leader in Bitcoin-centric digital asset finance.
Key Highlights of the Agreement
- Bitcoin Treasury Strategy. The Company will leverage SOLV’s platform to maximize the efficiency of its Bitcoin holdings. Bitcoin assets held by the Company or its subsidiaries will be deposited on SOLV’s platform under the custody of a regulated third-party custodian approved by the Company, ensuring transparency security and institutional-grade auditability.
- Joint Steering Committee. Senior representatives from the Company and SOLV will form a steering committee which will spearhead transformative initiatives to redefine Bitcoin-centric decentralized finance. The committee will drive SolvBTC’s adoption across Solana, Base and Ton, fostering market expansion and pioneering innovative finance models like tokenized real-world assets and structured yield products.
- Research & Innovation. The partnership includes plans for joint white papers, market insights and research initiatives on corporate Bitcoin utilization, staking strategies, structured finance products and real-world asset tokenization.
The Agreement reflects a shared vision of positioning the Company as a Bitcoin-centric finance company that combines its Bitcoin treasury with innovative digital asset strategies. By leveraging SOLV’s expertise in Bitcoin liquidity aggregation and staking, the Company seeks to provide shareholders with institutional-grade exposure to Bitcoin while delivering enhanced capital efficiency within a regulated framework. Both parties affirmed that the collaboration will be guided by transparency, governance and compliance with SEC and Nasdaq requirements.
Samantha Huang, CEO of the Company, commented, “This partnership marks a transformative step for the Company, strengthening our Bitcoin treasury strategy and aligning us with one of the most advanced platforms in the Bitcoin liquidity and staking ecosystem.”
Ryan Chow, CEO of SOLV, stated, “Our partnership with the Company catapults SOLV onto the international stage as an institutional gateway to on-chain finance. With our $2.5 billion TVL platform powering SolvBTC across multiple chains, we are revolutionizing Bitcoin management with optimized yields and Shariah-compliant transparency in cross-chain liquidity. This collaboration addresses traditional exchange concerns on compliance and market depth, paving the way for global institutions to seamlessly embrace digital asset finance.”
Forward-Looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantee of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; the ability of Zeta Network Group to meet NASDAQ listing standards in connection with the consummation of the transaction contemplated therein; and other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the Securities and Exchange Commission by Zeta Network Group. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof unless required by applicable laws, regulations or rules.
BitMine now owns greater than 2% of the ETH token supply as it moves towards the ‘Alchemy of 5%’
BitMine leads Crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock
BitMine Crypto + Cash Holdings + “Moonshots” total $13.4 billion, including 2.83 million ETH Tokens, unencumbered cash of $456 million, and other crypto holdings
BitMine is the 28th most traded stock in the US, trading $2.5 billion per day (5-day avg)
BitMine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support BitMine’s goal of acquiring 5% of ETH
LAS VEGAS, Oct. 6, 2025 /PRNewswire/ — (NYSE AMERICAN: BMNR) BitMine Immersion Technologies (“BitMine” or the “Company”) a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, today announced crypto BitMine crypto + cash + “moonshots” holdings totalling $13.4 billion.
As of October 5th at 1:00pm ET, the Company’s crypto holdings are comprised of 2,830,151 ETH at $4,535 per ETH (Bloomberg), 192 Bitcoin (BTC), $113 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and unencumbered cash of $456 million.
BitMine crypto holdings reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc (MSTR), which owns 640,031 BTC valued at $79 billion. BitMine remains the largest ETH treasury in the world.
“We spent the past week in Singapore at Token2049 meeting with many leaders in the crypto and blockchain industry. The BitMine team sat down with Ethereum core developers and key ecosystem players and it is clear the community is focused on enabling Wall Street and AI to build the future on Ethereum. We remain confident that the two Supercycle investing narratives remain AI and crypto. Naturally, Ethereum remains the premier choice given its high reliability and 100% uptime. These two powerful macro cycles will play out over decades. Since ETH’s price is a discount to the future, this bodes well for the token and is the reason BitMine’s primary treasury asset is ETH,” said Thomas “Tom” Lee of Fundstrat, Chairman of BitMine. “As we mentioned in our August Chairman’s message, the power law benefits large holders of ETH, hence, we pursue the ‘alchemy of 5%’ of ETH.”
The GENIUS Act and SEC’s Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.
“We continue to believe Ethereum is one of the biggest macro trades over the next 10-15 years,” continued Lee. “Wall Street and AI moving onto the blockchain should lead to a greater transformation of today’s financial system. And the majority of this is taking place on Ethereum.”
BitMine is now one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $2.5 billion (5-day average, as of October 3, 2025), ranking #28 in the US, behind JPMorgan (rank #27) and ahead of Nike (rank #29) among 5,704 US-listed stocks (statista.com and Fundstrat research).
“At BitMine, we are leading our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock,” said Lee.
The company recently released a corporate presentation, which can be found here: https://bitminetech.io/investor-relations/
The Chairman’s message can be found here:
https://www.bitminetech.io/chairmans-message
To stay informed, please sign up at: https://bitminetech.io/contact-us/
About BitMine
BitMine is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by our Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine’s operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.
For additional details, follow on X:
Forward Looking Statements
This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding progress and achievement of the Company’s goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company’s Ethereum treasury strategy and the applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including BitMine’s ability to keep pace with new technology and changing market needs; BitMine’s ability to finance its current business, Ethereum treasury operations and proposed future business; the competitive environment of BitMine’s business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine’s control, including those set forth in the Risk Factors section of BitMine’s Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on April 3, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of BitMine’s filings with the SEC are available on the SEC’s website at www.sec.gov. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Curaçao, Curaçao, October 6th, 2025, Chainwire
In a strategic move bridging blockchain and cricket, BC.GAME News has signed on as the title sponsor of Deccan Gladiators — the three-time champions of the Abu Dhabi T10 League, for the upcoming 2025 season.
The partnership marks another step in the ongoing convergence between Web3 brands and mainstream sports. With its logo taking center stage on the Gladiators’ jersey, BC.GAME News is tapping into one of cricket’s most dynamic properties — a team that has reached five finals in the past six seasons and secured titles in 2021, 2022, and 2024.
The Abu Dhabi T10, the world’s only ICC-sanctioned 10-over professional league, has become a fan favorite for its lightning-fast format and all-star rosters. The 2025 season is expected to draw millions of viewers across Asia and the Middle East, with streaming and fan engagement increasingly happening via digital-first platforms.
Daniel Choudhary, Director of Acquisitions at BC.GAME News, commented on the partnership: “The intersection of crypto and cricket is inevitable — both are communities driven by energy, innovation, and scale. Backing a team like Deccan Gladiators gives us a powerful way to connect with this momentum, on and off the field.”
The deal will feature interactive online content, exclusive fan drops, and cross-platform activations designed to extend the excitement of T10 cricket into the crypto-native space. While specifics remain undisclosed, insiders suggest the campaigns may include community contests, token-based experiences, and Web3-native engagement tools.
As the digital entertainment landscape continues to evolve, such partnerships illustrate a broader trend of blockchain initiatives engaging with cultural and mainstream platforms beyond traditional NFTs or token launches.
About BC.GAME News
BC.GAME News is a newsroom covering digital entertainment, sports partnerships, and community initiatives worldwide. It focuses on clear, timely announcements and responsible-entertainment messaging for 18+ audiences.
About Deccan Gladiators
Deccan Gladiators is a professional T10 cricket franchise competing in the Abu Dhabi T10. Known for its fast-paced style and passionate fan base across the Middle East and South Asia, the team collaborates with partners to deliver engaging on- and off-field experiences.
Contact
Daniel Choudhary
BC.GAME News
press@bcgamenews.com
HONG KONG, Oct. 3, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today published its Bitcoin production and mining operations update for September 2025.
Bitcoin Mining Production and Mining Operations Update for September 2025
Note: Cango holds Bitcoin for the long term and does not currently intend to sell any of its Bitcoin holdings.
Paul Yu, CEO and Director of Cango, commented, “Our relentless focus on operational excellence and fleet efficiency continues to deliver results across our global mining operations. This month, we’ve grown our operational hashrate to 89.7%, increased our Bitcoin treasury to over 5,800 BTC. We remain firmly on track to unlock the full potential of our 50 EH/s, ensuring a continued upward trajectory for our hashrate. This success, supported by our global footprint and asset-light model, positions us to expand into high-performance computing (HPC), where we’ve already identified promising initiatives to create significant long-term value.”
About Cango Inc.
Cango Inc. (NYSE: CANG) is primarily engaged in the Bitcoin mining business, with operations strategically deployed across North America, the Middle East, South America, and East Africa. The Company entered the crypto asset space in November 2024, driven by advancements in blockchain technology, the growing adoption of digital assets, and its commitment to diversifying its business portfolio. In parallel, Cango continues to operate an online international used car export business through AutoCango.com, making it easier for global customers to access high-quality vehicle inventory from China. For more information, please visit: www.cangoonline.com.
Investor Relations Contact
Juliet YE, Head of Communications
Cango Inc.
Email: ir@cangoonline.com
Christensen Advisory
Tel: +852 2117 0861
Email: cango@christensencomms.com
Hong Kong, Hong Kong, October 2nd, 2025, Chainwire
Psy makes web2 business models financially viable on web3, with applications from commerce to agentic AI.
Psy Protocol (formerly QED Protocol) today launched its public testnet, introducing a blockchain architecture designed to deliver internet-scale throughput and Bitcoin-level security. The launch demonstrates million-TPS capacity in internal benchmarks, enabled by client-side zero-knowledge proofs and a horizontally-scalable state architecture. Psy’s architecture is unique in that it achieves virtually unlimited transactions per second (TPS) and block times that scale logarithmically with the number of users.
The protocol is backed by leading investors and partners including Blockchain Capital, Arrington Capital, UTXO, Anagram, Draper Dragon, CoinSummer, Amber Group, Paper Ventures, Protagonist, LBank Labs, Valhalla Capital, StarkWare, Edessa Capital, and strategic mining groups F2Pool and ViaBTC Capital.
“Psy’s architecture tackles the core barrier to mainstream web3 adoption by solving the scalability and security trade-offs that have held decentralized applications back,” said Aleks Larsen, General Partner at Blockchain Capital. “For the first time, recognized high-concurrency models in the web2 ecosystem — from commerce to AI — can run on a fully decentralized foundation with Bitcoin-level security.”
How Psy Achieves Internet-Scale Throughput
Psy’s performance addresses one of blockchain’s most persistent limitations: the inability to support the high-concurrency applications that define modern internet usage. Fully on-chain DeFi, agentic payments, and decentralized versions of platforms like Amazon, eBay, or social networks have remained theoretical because existing blockchains cannot process the transaction volumes these applications demand.
Traditional blockchains face an unavoidable bottleneck: every full node must validate every transaction. This design provides strong security but sharply limits throughput. Ethereum processes roughly 60 transactions per second, while even high-performance proof-of-stake networks like Solana average roughly 1,000 TPS. Psy’s state model (PARTH) removes this bottleneck entirely.
Psy dramatically reduces the computational burden on the network by leveraging client-side compute. Rather than requiring every node to validate each transaction, users generate zero-knowledge proofs locally on their devices. These proofs are orders of magnitude faster to verify than the underlying transactions, and the network aggregates them in parallel through recursive zero-knowledge proofs, culminating in a single, succinct block proof that validates millions of transactions in seconds.
Crucially, the PARTH architecture enables block creation times that scale logarithmically with user count. In benchmark scenarios with one million users each submitting ten transactions, Psy processed 10 million transactions in roughly 10 seconds — demonstrating throughput exceeding one million transactions per second.
Enabling web3’s Next Evolution
Psy’s technology stack makes web3 business models competitive in demanding use cases such as fully on-chain DeFi and agentic payments. With faster transaction speeds, scalable architecture, and built-in data privacy, the testnet demonstrates how Psy achieves scale without compromising the security and decentralization that made Bitcoin revolutionary.
This performance enables blockchain applications to compete directly with centralized platforms while giving users back data ownership and control — rather than leaving it in the hands of tech monopolies.
The public testnet is live today, allowing developers and users to experience Psy’s performance firsthand. Mainnet deployment is planned for later this year.
Why Psy Chooses Proof-of-Useful-Work
Unlike most high-throughput blockchains that rely on proof-of-stake consensus, Psy builds on proof-of-work principles — the consensus mechanism introduced by Bitcoin.
Proof-of-stake systems often concentrate power among validators with large token holdings, allowing them to extract value through practices like MEV. Their security depends on the very tokens they issue, creating circular dependencies that introduce systemic risk.
Psy eliminates proof-of-work’s traditional energy inefficiency by making mining “useful work” — the generation and aggregation of zero-knowledge proofs that directly secure transactions. This shifts mining from wasteful competition to collaborative value creation: instead of determining the blockchain by raw hash power, Psy advances the network by maximizing the useful work miners perform for users.
“Web3 commerce and the agentic economy never scaled because users were asked to choose between convenience and decentralization,” said Carter Feldman, founder and CEO of Psy Protocol. “Psy removes that false choice, giving developers the tools to build fast, secure, and scalable platforms that feel seamless — even though they run fully on-chain.”
Official website: https://psy.xyz
Official X (Twitter): https://x.com/PsyProtocol
Psychonaut Incubation Program: https://psy.xyz/psychonaut
About Psy Protocol
Psy Protocol is a Proof-of-Useful-Work smart contract platform that combines the neutrality and security of proof-of-work with the scalability and speed promised by next-generation architectures. By shifting transaction proving to users and aggregating zero-knowledge proofs on-chain, Psy delivers internet-scale throughput, low fees, and open participation — without sacrificing proof-of-work’s superior security. Psy empowers developers to build hyper-scalable web3 applications, aiming to host the next generation of the decentralized internet.
Contact
Josh Adams
Serotonin
josh@serotonin.co
Over 17 Million Verified World Humans, Adding More Than 2 Million Since Launching Worldcoin Treasury Just 3 Weeks Ago
$ORBS’ bold ‘Power of 8’ initiative aims to accumulate 800M Worldcoin (WLD) tokens and verify 8B humans
Dan Ives, renowned technology and AI expert and Wall Street analyst, serves as Chairman of the Board
World is the single sign-on and Proof-of-Human verification for the AI era
“If we succeed on our mission, World might become the largest network of real people online, fundamentally changing how we interact and transact throughout the Internet,” says Sam Altman
Investors include MOZAYYX, BitMine Immersion (BMNR), World Foundation, Wedbush, Coinfund, Discovery Capital Management, FalconX, Kraken, Pantera, GSR, Brevan Howard and more
EASTON, Pa., Oct. 2, 2025 /PRNewswire/ — Eightco Holdings Inc. (NASDAQ: ORBS) today announced that the World network has surpassed 17 million verified humans, an increase of over 2 million since $ORBS launched just three weeks ago. The company recently unveiled its ‘Power of 8’ initiative, targeting 800 million Worldcoin (WLD) and 8 billion verified humans. Additionally, the company announced that options trading is now available, offering new opportunities for investors to engage with $ORBS as the company continues its rapid growth and expansion.
“We are making rapid progress on the ‘Power of 8,’ and reaching 17 million verified humans marks a pivotal step toward a world where digital trust is seamless and universal,” said Dan Ives, Chairman of Eightco Holdings Inc. ($ORBS). “World is powering the single sign-on future, enabling secure, anonymous interactions online for millions of people worldwide.”
“17 million is also an important number for our ‘Power of 8’ story because 8 raised to the 8th power is 17 million,” says Kevin O’Donnell, CEO of Eightco. “I look forward to joining Chairman Ives at the World stores in Singapore and Seoul, where we can meet and interact with fellow ORBS-ians”
Separately, Eightco today announced that standardized options on its common stock are now available for trading on the Nasdaq Options Market under the ticker symbol “ORBS.” The options include a range of standard expiration dates and strike prices. This listing enhances investor accessibility, provides tools for risk management, and improves overall liquidity in the company’s shares.
“Now, with options trading available, investors have new ways to engage with our growth and momentum,” continued Ives.
As part of his mission to raise global awareness for $ORBS and Worldcoin, Chairman Ives will embark on the ORBS World Tour, visiting several of the cities where World stores are located, including:
- October 6: Los Angeles
- October 7: San Francisco
- October 18-21: Bangkok
- October 22-23: Kuala Lumpur
- October 24-25: Singapore
- October 27-28: Seoul
- October 29-30: Tokyo
- December 8-10: London
Eightco Holdings Inc. (ORBS) is committed to establishing a universal foundation for digital identity. World’s proprietary verification Orb technology is designed to meet the security and identity challenges of the future, offering a path to a universally trusted digital identity and the foundation for the next generation of online trust, verification and economic exchange. The Orbs are the hardware backbone of Worldcoin, verifying unique humans, distributing tokens fairly, and creating a trusted digital identity system. World will be the leading verification platform for consumers around the world.
ABOUT EIGHTCO HOLDINGS INC.
Eightco Holdings Inc. (NASDAQ: ORBS) is delivering a first-of-its-kind Worldcoin (WLD) treasury strategy. With this digital asset treasury (DAT), Eightco is advancing the AI revolution, implementing a technology infrastructure layer that is integral to the future of authentication, verification and Proof of Human (PoH). World is the single sign-on and Proof-of-Human verification for the AI era. In an increasingly agentic world, Eightco aims to achieve a universal foundation for digital identity.
For additional details, follow on X:
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical fact could be deemed forward looking. Words such as “plans,” “expects,” “will,” “anticipates,” “continue,” “expand,” “advance,” “develop” “believes,” “guidance,” “target,” “may,” “remain,” “project,” “outlook,” “intend,” “estimate,” “could,” “should,” and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements are based on management’s current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: Eightco’s ability to maintain compliance with the Nasdaq’s continued listing requirements; unexpected costs, charges or expenses that reduce Eightco’s capital resources; Eightco’s inability to raise adequate capital to fund its business; Eightco’s inability to innovate and attract users for Eightco’s products; future legislation and rulemaking negatively impacting digital assets; and shifting public and governmental positions on digital asset mining activity. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Eightco’s actual results to differ from those contained in forward-looking statements, see Eightco’s filings with the Securities and Exchange Commission (the “SEC”), including in its Annual Report on Form 10-K filed with the SEC on April 15, 2025. All information in this press release is as of the date of the release, and Eightco undertakes no duty to update this information or to publicly announce the results of any revisions to any of such statements to reflect future events or developments, except as required by law.
Seoul, South Korea, October 1st, 2025, Chainwire
Korea’s highest-grossing webnovel and webtoon, and the most-watched anime in Crunchyroll history, announces a partnership with Story, spanning IP-backed memecoins and exploring onchain IP economics.
The global phenomenon Solo Leveling is breaking new ground by coming onchain via Story. In a move that bridges a blockbuster franchise with blockchain, Solo Leveling is exploring the issuance of a tokenized real-world asset (RWA), exploring an entirely new flavor of tokenized RWAs that differs from money market funds, equity offerings, and treasury vehicles that are typically represented in web3.
Solo Leveling is working with Story to initiate steps toward onchain representation of select IP elements. This approach is intended to enable onchain programmability for select integrations, opening the door to future fan-driven remixing, blockchain-based experiences, both digital and real world, and next-gen licensing deals. The announcement cements Solo Leveling’s status as a cross-media juggernaut, and as a pioneer in its industry by moving its IP to Web3.
Before its Web3 debut, Solo Leveling has already proven itself a cultural titan across multiple formats:
- Webnovel & Webtoon: Originating as a web novel and adapted as webtoon in Korea, Solo Leveling amassed over 14+ billion views worldwide, 175+ million readers, an unprecedented achievement that solidified it as a flagship Korean series with global influence. It is also the highest grossing webtoon and Korean webnovel in history.
- Comic Book: The comic adaptation has been a breakout print hit, reaching #1 on the New York Times Graphic Books bestseller list and selling over 10 million copies globally.
- Anime (Streaming): Solo Leveling’s anime adaptation stormed streaming platforms, becoming the most-watched anime in the history of Crunchyroll and ranking in Netflix’s weekly Top 10 in 11 countries upon debut (and clinching the #1 spot on Amazon Prime Video in Japan).
- Anime (Awards): The series swept the 2025 Crunchyroll Anime Awards with 9 honors at the 2025 Crunchyroll Anime Awards, including the coveted Anime of the Year, a historic first for a manhwa-based show.
- Game: The mobile RPG Solo Leveling: ARISE turned the franchise into an interactive experience, grossing approximately $70 million in its first month and attracting 50 million players within five months of launch. The game was number 1 in downloads in 141 countries; number 1 in revenue in 21 countries; and number 1 in App Store popularity rankings across 78 countries.
- Live Action Series: Netflix is producing a live-action series adaptation of the global phenomenon “Solo Leveling,” with rising star Byeon Woo-seok attached to lead the project as protagonist Sung Jinwook.
These feats illustrate Solo Leveling’s unrivaled multi-format success and passionate worldwide fanbase. Now, by venturing onto the blockchain, Solo Leveling is poised to redefine how a modern franchise can engage its community and unlock new value with its content.
Webnovel and Webtoon to Web3
Solo Leveling is collaborating with Story, the world’s first blockchain network purpose-built for intellectual property, to begin steps toward onchain IP representation for select elements. Story tokenizes IP and makes it programmable, enabling new models of ownership, remix, and monetization for creators and fans. By onboarding Solo Leveling, Story is effectively aiming to demonstrate onchain representation for one of the world’s highest-value franchises. In practice, this means select elements of the Solo Leveling IP (e.g. characters, universe, and content rights) could be represented onchain and managed through smart contracts.
Once on Story, Solo Leveling’s IP would become machine-readable and enforceable onchain, allowing developers and fans to build with it under preset rules. For example, a creator could remix a Solo Leveling character into a game mod with automated royalties flowing back to the IP holders. Licensed merchandise could be tied to onchain provenance, and any third-party game or media using Solo Leveling content could seamlessly implement programmable licensing and revenue splits. In short, Solo Leveling’s move to Story unlocks a playground for community-driven innovation around the franchise, all secured by blockchain.
“Korea has always been a global launchpad for intellectual property. Beyond early unique cultural IP from K-pop, K-drama, Korea is leading the way in gaming, webtoons and Hollywood heavy-hitters such as Squid Games and Parasite. Solo Leveling is a perfect example of how Korean IP can transcend borders, dominate every format, and build massive global fandoms. IP shouldn’t just be watched or read, it should be programmable. That means IP that can be tokenized, composable, and monetized across games, AI models, and consumer applications”, said SY Lee, co-founder and CEO of Story. “Registering Solo Leveling’s IP onchain, would unlock the next level of engagement, loyalty, and monetization enabling remix culture, fan-powered economies, and token-native formats that weren’t possible before.”
Official Solo Leveling IP-backed Memecoin on the Horizon
In a bold crypto-native twist, the Solo Leveling team also revealed plans for an official IP-backed memecoin tied to the story’s universe and characters . This upcoming token (details and launch date TBA) will be directly backed by Solo Leveling’s characters and lore, making it one of the first memecoins anchored by a blockbuster franchise’s IP. Fans will effectively get to “own a piece” of the Solo Leveling saga in token form, a concept that could transform community engagement and fandom in Web3.
Unlike typical memecoins that often emerge from internet jokes with no ties to creators, this Solo Leveling coin will be authorized and supported by the IP owners. Built on Story’s infrastructure, it aims to align the token’s value with the franchise’s success: the more the story and its memes spread, the more both fans and creators can benefit. This approach follows a growing recognition that memes and viral content drive immense value (the memecoin market tops $100B), yet creators historically capture little of it. An official Solo Leveling coin would flip that script by channeling cultural hype into a token model designed to align fan engagement with the franchise’s success
“Solo Leveling has always been about leveling up, and now we’re looking to level up the franchise with Web3. With Story, we hope to see the IP expand beyond the series itself, which could allow fans and creators to join Solo Leveling’s next chapter in new ways.” – Jungsook Jang, CEO at Redice Studio.
Bringing Solo Leveling onchain could mark a watershed moment for Story and the broader concept of tokenized IP. Solo Leveling is exploring phased registration of select IP elements, reflecting how one of the highest-value franchises is beginning to approach blockchain representation. For Story, this is a massive validation of its network’s vision: to become the go-to infrastructure for the $80 trillion IP industry in the age of AI and crypto. The Solo Leveling partnership is expected to drive significant activity to Story’s ecosystem including new user onboarding (millions of fans curious about crypto) to developers building ecosystem dApps leveraging the IP.
With Solo Leveling’s fanbase and content now connected to Story’s purpose-built IP-blockchain, the stage is set for groundbreaking experiments at the intersection of fandom and web3. Community-created art, games, NFTs, and story expansions can bloom under clear rights and royalty rules. Memecoin enthusiasts can rally around a token that has real narrative backing. And IP owners (like Solo Leveling’s creators) have a template for how to extend their works into Web3 while retaining control and revenue share.
About Story: Story is a layer-1 blockchain purpose-built for intellectual property. It provides a decentralized registry for creators to tokenize their IP and set programmable licensing terms, enabling fair attribution, remixing, and monetization of creative works onchain. The network’s native $IP token powers transactions and governance. Backed by leading investors (including a16z Crypto), Story is building an AI-native infrastructure to unlock the full value of the $80T IP asset class story.foundation.
About Solo Leveling / Redice Studio: Solo Leveling is a South Korean fantasy franchise that began as a webnovel by Chugong and became a smash-hit webtoon illustrated by Redice Studio. Since its 2016 debut, Solo Leveling has grown into a global IP spanning comics, animation, games, and more – garnering over ten billions of reads and a massive international fandom. Redice Studio is renowned for its stunning visuals and has been instrumental in expanding Solo Leveling’s universe. Together with its partners, Redice continues to explore innovative ways (like Story) to expand the franchise and engage fans worldwide.
Sources to back up stats:
- Solo Leveling viewership and readership welcon.kocca.krpinepat.com
- NYT bestseller owwl.org
- Netflix Top 10 koreajoongangdaily.joins.com
- Crunchyroll Awards newsroom.kakaoent.com/news/solo-leveling-wins-top-honor-at-crunchyroll-anime-awards-2025
- Game revenue and users mobidictum.com koreajoongangdaily.joins.com
Contact
Head of Communications
HV
Story
henri.vies@piplabs.xyz