Trump-Aligned Global Freedom Organization Plans to Garner $1.5 Billion for Acquisition of WLFI
ALT5 Sigma Raises $1.5 Billion to Establish Significant WLFI Token Treasury
ALT5 Sigma Corporation, a publicly traded financial infrastructure firm, has announced plans to sell 100 million shares of its common stock at $7.50 each, aiming to raise $1.5 billion. This capital will be used to purchase World Liberty Financial (WLFI) assets, settle litigation, pay debts, and fund its existing operations.
The sale, a private placement, is part of a broader corporate treasury strategy centred on WLFI tokens. The infusion is expected to establish a significant publicly tradable corporate treasury specifically linked to WLFI, allowing World Liberty Financial's tokens to gain a publicly tradeable presence through ALT5 Sigma's Nasdaq listing.
The sale of ALT5 Sigma shares comes shortly after World Liberty Financial community members voted to make WLFI tradable. This move could potentially increase investor interest in WLFI as it becomes tradable.
Zach Witkoff, son of presidential advisor Steve Witkoff and World Liberty Financial CEO, has been appointed the Chairman of the Board for ALT5 Sigma Corporation. Eric Trump, son of U.S. President Donald Trump, will serve as a Director of the Board for ALT5 Sigma once the stock sale is closed.
As of writing, ALT5 Sigma shares are trading at $9.20, up 2.5% over the past 24 hours. The source for the ALT5 Sigma share price information is Yahoo Finance.
World Liberty Financial was locked up since its $590 million pre-sale in 2024. WLFI, the native token of the World Liberty Financial DeFi platform, was founded by Eric and Donald Jr. in 2024. The token could see increased investor interest following the announcement of its upcoming tradability.
The sale is expected to close on August 12. WLFI is expected to become tradable for its early adopters in the near future, following World Liberty Financial's intention to make this change.
Sources: 1. ALT5 Sigma Announces Pricing of $1.5 Billion Registered Direct Offering 2. ALT5 Sigma Corporation (ALT) Stock Price, News, Quote & History 3. World Liberty Financial to Become Tradable Following Share Sale by ALT5 Sigma
- The $1.5 billion raised by ALT5 Sigma through its share sale will be used to purchase WLFI tokens as part of a corporate treasury strategy.
- The infusion of capital into ALT5 Sigma is expected to create a significant publicly tradable corporate treasury linked to WLFI tokens.
- The sale of ALT5 Sigma shares could potentially attract increased investor interest in WLFI tokens due to their new publicly tradable status.
- Zach Witkoff, CEO of World Liberty Financial, has been appointed the Chairman of the Board for ALT5 Sigma Corporation.
- The sale of ALT5 Sigma shares, which includes Eric Trump as a future Director of the Board, is expected to close on August 12.
- WLFI tokens, the native cryptocurrency of World Liberty Financial's DeFi platform, could see increased interest from investors following its upcoming tradability.
