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ALT5 Sigma joins the Trump family's DeFi initiative with a $1.5 billion WLFI treasury plan | CoinDesk JAPAN
ALT5 Sigma announced that it will issue and sell 200 million shares as acquisition funds. This will be conducted through both direct sales and private placements. As a result, ALT5 Sigma will hold 7.5% of the total supply of WLFI.
Zach Witkoff, CEO of World Liberty Financial, has been appointed as Chairman of the Board of ALT5 Sigma, Eric Trump has joined as a Director, Zak Folkman, co-founder of World Liberty Financial, has become a Board Observer, and Matt Morgan, a cryptocurrency investor, has been appointed as Chief Investment Officer (CIO).
ALT5 Sigma will sell 100 million shares to institutional investors at $7.50 per share (approximately 1088 Yen) and will exchange another 100 million shares for WLFI tokens through a private placement. According to CoinGecko data, the latest price for WLFI tokens is $0.3659 (approximately 53 Yen). The completion of the fundraising is expected to be on August 12, 2025.
The funds obtained in cash from this transaction will be used for contributions to the cryptocurrency asset treasury business, additional acquisition of WLFI tokens, debt repayment, litigation resolution, and enhancement of working capital.
Founded in 2018, ALT5 Sigma operates the cryptocurrency payment platform "ALT5 Pay" and the over-the-counter trading desk "ALT5 Prime," claiming to have processed over $5 billion in digital asset transactions.
By making the WLFI token the foundation of its balance sheet, ALT5 Sigma expects the future of the WLFI token to improve due to both the momentum of the cryptocurrency market and the political prominence of the Trump family. This bet could also be influenced by political activities in 2025, just like Wall Street.
| Translation and Editing: Rina Hayashi | Image: World Liberty Financial Executive (Jesse Hamilton/CoinDesk) |Original: Trump Family’s DeFi Play Pulls ALT5 Sigma Into $1.5B WLFI Treasury Plan