This company plans a WLFI Treasury for USD $ 1.5 billion, will add Eric Trump to its Board


By Hannah Pérez

Alt5 Sigma, which quotes its actions in Nasdaq, announced a plan to establish a treasury with the Tokens of World Liberty Financial. Zach Witkoff and Eric Trump will join the Board of Directors.

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  • Alt5 Sigma, which quotes its actions in Nasdaq, plans to buy WLFI tokens.
  • He revealed issuance and sale of shares for USD $ 1.5 billion to establish WLFI Treasury.
  • World Liberty Financial, which is emitted WLFI, is the main investor.
  • As part of the agreement, Zach Witkoff and Eric Trump will join the Board of Directors of ALT5.

The public company Alt5 Sigma Corporationdedicated to financial technology based on BlockchainYou are looking to start a treasury with the project’s WLFI tokens World Liberty Financialbacked by Donald Trump.

In a statement on Monday, the company revealed that it is waiting to raise approximately USD $ 1.5 billion through an agreement for the issuance and sale of ordinary shares with the intention of using income to finance the acquisition of tokens $ WLFI.

Alt5 He said he will issue up to 200 million shares at USD $ 7.50 each, divided equally between two simultaneous offers, a direct offer registered and a private placement, which estimates will close Around August 12, subject to the usual conditions.

Private placement will be financed with WLFI tokens contributed by World Liberty Financialthe cryptocurrency company supported by the Trump family, which is also the main investor. Alt5 He assured that other participants include some of the “larger institutional investors in the world and outstanding cryptographic risk capital companies“, But he didn’t appoint them.

Alt5 will add Zach Witkoff and Eric Trump

The announcement occurs after Bloomberg will inform the weekend about the plan World Liberty Financial to boost a treasury with your token from USD $ 1.5 billion. That report, which quotes familiar sources, did not provide details.

As part of the agreement, Zach Witkoff, co -founder and CEO of World Liberty Financialwill become president of the Board of Directors of Alt5supervising the strategy. The company will also receive Eric Trumpthe son of the US president, Donald Trump, who will become director of his board of directors. Matt Morgan will become its investment director.

Once you start the treasury strategy, Alt5 will have approximately 7.5% of the total wlfi tokens supplyaccording to the statement. In addition to buying tokens WLFI, the collection will also allow the company to pay debts, “Solve existing litigation”And support the commercial and working capital in progress, the company added.

In line with the tendency of Crypto Treasury

Founded in 2024, in the middle of the Trump presidential race in the United States, World Liberty Financial (WLF) is promoted as a defi platform that seeks to facilitate access to cryptocurrencies and promote the adoption of Stablecoins. The project has been broadly promoted by President Trump and his children, Eric and Donald Trump Jr.

WLFI is the governance token of the platform, which was offered to qualified investors through a public sale in early 2025. Their function is to allow holders to vote in platform decisions, which limits their speculation but also its liquidity. While until now it has been non -transferable, its team has announced plans for a launch in secondary markets.

The movement coincides with an accelerated emergence for cryptocurrency treasures worldwide. Public and private companies have been buying Bitcoin and other cryptocurrencies for their reserves in an effort to replicate the investment model of Strategythat, under the leadership of Michael Saylor, who has been accumulating Bitcoins aggressively since 2020.

According to a separate report from Bloomberg, Cryptocurrency Treasury companies have aimed at raising an approximate total of USD $ 100 billion this year.

The actions of Alt5 Sigma Corporation 11.48% fell at a price of USD $ 7.9 in Nasdaq on Monday in the announcement of the WLFI Treasury Plan, according to data from Google Finance.


Hannah Estefanía Pérez / Diariobitcoin

Image generated with AI tool, under free use license

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