🚨 BREAKING NEWS 🚨
The ALT5 deal has put a valuation of $0.20 on the Trump-backed WLFI token. This is the first formal market valuation for the token since its sale last year. The deal involves ALT5 Sigma Corporation acquiring $1.5 billion worth of WLFI tokens through a share swap agreement with World Liberty Financial.
Key Details on the ALT5 Deal
- *Valuation*: $0.20 per WLFI token
- *Deal Structure*: ALT5 issued 200,000 new shares to acquire $1.5 billion worth of WLFI tokens
- *Trading Plans*: WLFI is expected to start trading by the end of August
- *Institutional Involvement*: Several institutional investors and venture capital firms participated in the deal
The valuation marks a significant milestone for the WLFI token, transitioning it from a non-tradable asset to one with a concrete price benchmark. World Liberty Financial aims to establish a $1.5 billion treasury company holding WLFI tokens and cash reserves .
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