ALT5 Sigma is preparing to establish a treasury for Donald Trump's cryptocurrency project, which will soon start listing its altcoin with a stock sale of 1.5 billion dollars.
US-based fintech company ALT5 Sigma raised a total of 1.5 billion dollars by selling 200 million shares at 7.50 dollars per share. The sale took place in two stages: a registered direct sale and a private placement. The leading investor in the private placement was World Liberty Financial, the company of US President Donald Trump, which used WLFI tokens as payment. After the transaction is completed on August 12, 2025, ALT5 will own approximately 7.5% of the total WLFI supply. The company plans to use these funds for WLFI purchases, establishing a cryptocurrency treasury, legal payments, debt closure, and operational expenses.
Significant changes have also occurred in the company's board of directors. Zach Witkoff, co-founder and CEO of World Liberty Financial, became the chairman of ALT5's board, while former US President Donald Trump's son, Eric Trump, joined the board. Zak Folkman, co-founder and COO of WLF, will be an observer on the board, while Matt Morgan has moved to the position of investment director.
As part of its new strategy, the company will add WLFI to its official treasury, and according to a previous announcement by the team, the token is expected to be listed on exchanges in September. This development will work in an integrated manner with ALT5's blockchain-based payment and digital asset trading platforms, ALT5 Pay and ALT5 Prime. Founded in 2018, the company has conducted over 5 billion dollars in cryptocurrency transactions to date and since 2024 has