Kraken Parent Payward Discloses Stake in Eightco Holdings via 13G
| Field | Detail |
|---|---|
| Company | Schedule 13g - Eightco Holdings Inc. (0001892492) (Subject) |
| Filed Date | Mar 25, 2026 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: insider-ownership, institutional-investment, crypto-exposure, ownership-disclosure
TL;DR
**Kraken's parent company just revealed a stake in Eightco Holdings, signaling potential bullish sentiment.**
AI Summary
Payward, Inc. (also known as Kraken, a major cryptocurrency exchange) filed a Schedule 13G on March 24, 2026, disclosing its beneficial ownership in Eightco Holdings Inc. This filing indicates that Payward, Inc. holds a significant stake in Eightco Holdings Inc., a company involved in short-term business credit. This matters to current or potential Eightco Holdings Inc. stockholders because a large institutional investor like Payward, Inc. taking a position can signal confidence in the company's future, potentially influencing stock price and stability.
Why It Matters
This filing reveals a significant investment by a major crypto entity, Payward, Inc., into Eightco Holdings Inc., which could be seen as a vote of confidence and potentially attract more investor interest.
Risk Assessment
Risk Level: low — A Schedule 13G filing generally indicates a passive investment, posing low immediate risk to the company or its shareholders.
Analyst Insight
A smart investor would research Eightco Holdings Inc. further, considering that a significant player like Payward, Inc. has taken a stake, which might indicate underlying value or future growth potential, especially given Payward's crypto focus and Eightco's credit business.
Key Players & Entities
- Payward, Inc. (company) — the entity filing the Schedule 13G, also known as Kraken
- Eightco Holdings Inc. (company) — the subject company in which Payward, Inc. holds a stake
- March 24, 2026 (date) — the filing date of the Schedule 13G
FAQ
What is the purpose of a Schedule 13G filing?
A Schedule 13G is filed by an investor to report beneficial ownership of more than 5% of a class of a company's voting securities, typically indicating a passive investment intent, as filed by Payward, Inc. regarding Eightco Holdings Inc.
Who is Payward, Inc. and what is its primary business?
Payward, Inc. (CIK: 0001785695) is the entity that filed the Schedule 13G. It is known for operating the cryptocurrency exchange Kraken, and its SIC code 6199 indicates it is involved in Finance Services, specifically noted as 'Crypto Assets'.
What is the business of Eightco Holdings Inc.?
Eightco Holdings Inc. (CIK: 0001892492) is the subject company of this filing. Its SIC code 6153 indicates it is involved in 'Short-Term Business Credit Institutions'.
When was this specific Schedule 13G filing accepted by the SEC?
This Schedule 13G filing (Accession No. 0001193125-26-122507) was accepted by the SEC on March 24, 2026, at 21:19:49.
What is the state of incorporation for both Payward, Inc. and Eightco Holdings Inc.?
Payward, Inc. is incorporated in DE (Delaware), while Eightco Holdings Inc. is incorporated in TX (Texas).
Filing Stats: 823 words · 3 min read · ~3 pages · Grade level 7.3 · Accepted 2026-03-24 21:19:49
Key Financial Figures
- $0.001 — ame of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securities
Filing Documents
- primary_doc.html (SCHEDULE 13G)
- primary_doc.xml (SCHEDULE 13G) — 5KB
- 0001193125-26-122507.txt ( ) — 7KB
Ownership
Item 4. Ownership (a) Amount beneficially owned: See Item 9 of cover page. (b) Percent of class: See Item 11 of cover page. Calculated using 333,821,681 Public Shares outstanding as of March 20, 2026, which amount was provided by the Issuer. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: See Item 5 of cover page. (ii) Shared power to vote or to direct the vote: See Item 6 of cover page. (iii) Sole power to dispose or to direct the disposition of: See Item 7 of cover page. (iv) Shared power to dispose or to direct the disposition of: See Item 8 of cover page.
Ownership of 5 Percent or Less of a Class
Item 5. Ownership of 5 Percent or Less of a Class.
Ownership of more than 5 Percent on Behalf of Another Person
Item 6. Ownership of more than 5 Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not Applicable
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group. Not Applicable
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group. Not Applicable
Certifications
Item 10. Certifications: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Payward, Inc. Signature: /s/ Arjun Sethi Name/Title: Arjun Sethi / CO-CEO Date: 03/24/2026