Fintech firm ALT5 Sigma Corporation said it has entered definitive agreements to raise as much as $1.5 billion through a registered direct offering and a concurrent private placement. The Nasdaq-listed company will issue up to 200 million common shares at $7.50 each, with World Liberty Financial acting as lead investor in the private tranche. Proceeds will be used mainly to buy WLFI tokens, giving ALT5 roughly 7.5 % of the governance token’s 100 billion supply and creating what the company called a dedicated WLFI treasury. Remaining funds will retire debt, settle litigation and support ongoing operations, according to the statement. Leadership of the Las Vegas-based firm will shift alongside the financing. World Liberty Financial co-founder Zach Witkoff is set to become chairman of ALT5’s board, while Eric Trump will join as a director and Zak Folkman will serve as a board observer once the deal closes, expected on 12 August. ALT5’s move mirrors earlier efforts by companies such as MicroStrategy to tie their balance sheets to specific digital assets, but marks one of the first public-market treasuries built around a DeFi governance token rather than Bitcoin or Ether. The transaction deepens the Trump family’s involvement in crypto markets and provides traditional investors another proxy for exposure to WLFI ahead of the token’s planned wider trading debut.
📽️ Trump’s crypto fortune is worth more than Mar-a-Lago and Trump Tower combined. But is the White House really a crypto cash machine, as critics claim? 👇 https://t.co/M3FKoZk4u1
其实昨天 WLFI 的币股 $ALTS 挂山顶之后我就在研究这个币股的具体条款,昨天盘中一度跌到 6 字头,看了下主要原因两点: 1/ 在消息发布前价格为 6-7u,有可能有人 frontrun,所以这部分人消息发布后砸盘引起了连环的恐慌踩踏,这是资金卖盘 2/ 有部分人质疑 WLFI https://t.co/KQRs0cyAGQ https://t.co/l94KIX354A
The Trumps have a treasury company boosting their DeFi project before the $WLFI token starts trading? https://t.co/MH1hHgbvpv