The financial technology company ALT5 Sigma Corporation, listed on the NASDAQ, announced on Monday that it has signed a final agreement to combine a registered direct offering with a private placement, issuing and selling up to 200 million shares of common stock (or equivalent common stock alternative securities) at a price of $7.50 per share to initiate the $WLFI financial strategy, with a total fundraising amount expected to be around $1.5 billion.

According to the press release, the transaction is expected to be completed around August 12. ALT5 Sigma plans to use the raised funds to purchase the native token WLFI of the decentralized finance protocol World Liberty Financial and to establish cryptocurrency financial reserve operations, expected to hold about 7.5% of the total supply of WLFI tokens. Other uses of the funds include addressing existing litigation, repaying existing debt, funding the company's ongoing business operations, and serving as working capital and for general corporate purposes.

World Liberty Financial was co-founded by three sons of U.S. President Trump, and the protocol is developing a lending platform, having already issued the USD stablecoin USD1. ALT5 Sigma stated that World Liberty Financial is the primary investor in the private placement, providing compensation in the form of WLFI tokens, with participation from several of the world's largest institutional investors and well-known cryptocurrency venture capital firms.

ALT5 Sigma also announced that World Liberty Financial co-founder and CEO Zach Witkoff will serve as the company's chairman; Trump's second son Eric Trump will become a director of the company; World Liberty Financial co-founder and COO Zak Folkman will serve as a board observer; and Matt Morgan will become the Chief Investment Officer.

Following the announcement, ALT5 Sigma's stock price (ticker: ALTS) surged more than 110% in pre-market trading but then significantly retreated, with the price at $8.13 per share before the press time.

One small step for mankind, one giant leap for WLFI. https://t.co/nTvPxIxCGi

— WLFI (@worldlibertyfi) August 11, 2025

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