ALT5 Sigma Corporation (ALTS), a digital asset fintech firm, has successfully closed a $1.5 billion offering to kickstart its crypto treasury strategy focused on World Liberty Financial’s WLFI token.
The transaction, announced on August 11, 2025, and completed by August 12, 2025, marks a significant step in the integration of cryptocurrency assets into traditional financial structures.
ALT5 Sigma Commits to Holding 7.5% of WLFI Tokens in New Offering
According to the official press release, the firm sold a total of 200 million shares through combined offerings. This included 100 million common stock sold in a registered direct offering.
ALT5 sold the other 100 million shares in a concurrent private placement offering. These shares were priced at $7.50 for both offerings. Thus, this brings the total gross proceeds to approximately $1.5 billion.
ALT5 Sigma Corporation plans to utilize the funds for several strategic initiatives. First, it plans to hold 7.5% of the total supply of WLFI tokens to support its treasury strategy.
The firm will also use the proceeds to settle existing litigation, pay off outstanding debt, and fund ongoing business operations. Furthermore, ALT5 intends to allocate a portion of the proceeds for general corporate purposes and working capital.
Meanwhile, President Trump-backed DeFi Firm World Liberty Financial served as the lead investor in the private placement. A.G.P./Alliance Global Partners was the exclusive placement agent for the offerings. The deal also saw the appointment of Kraken as the asset manager.
Leadership changes accompanied the firm’s financial commitment. It named Zach Witkoff, co-founder and CEO of World Liberty Financial, as the Chairman of the Board of Directors. Zak Folkman, WLFI’s co-founder and COO, will serve as a board observer. ALT5 appointed Matt Morgan as the Chief Investment Officer.
Moreover, Eric Trump, son of President Donald Trump and a key figure associated with the Trump family’s crypto ventures, has joined the firm’s board.
“I am excited to join the Board of ALT5 Sigma and help lead the way in revolutionizing the digital asset space! @DonaldJTrumpJr and I are deeply committed to the success of this company and its innovative approach,” Eric Trump posted.
Nonetheless, the firm’s inventors were not as enthusiastic. Google Finance data showed that ALTS’s value was down 9.7% at market close. The stock price saw a modest growth of 2.18% in pre-market trading.
This development follows reports that World Liberty Financial has been exploring the creation of a publicly traded entity to manage its WLFI tokens, targeting a similar $1.5 billion fundraising goal.
However, it’s worth noting that WLFI tokens remain non-tradable. BeInCrypto previously reported that token holders approved a proposal to make the WLFI tradable. The team then disclosed that only a portion of the tokens bought in the public sale at $0.015 and $0.05 will be unlocked initially.
Despite this, Eric Trump highlighted the growing interest in the WLFI token. He expressed confidence that its impact will be unlike anything the crypto space has encountered before.
“Once live, we expect that the WLFI token will be available on both major centralized exchanges and decentralized platforms, ensuring global governance reach and liquidity,” Donald Trump Jr. added.
These statements suggest that the WLFI token’s retail market debut is imminent. Although the exact timing and platforms remain to be confirmed.
The post ALT5 Sigma Closes $1.5 Billion Offering to Support WLFI Token Strategy appeared first on BeInCrypto.
Source link
Kamina Bashir
https://beincrypto.com/alt5-wlfi-token-treasury/
2025-08-13 05:07:00
