ALT5 Sigma Corporation, a Nasdaq-listed company backed by Eric Trump and Donald Trump Jr., has just completed a $1.5 billion fundraising package to implement a treasury strategy focused on WLFI, the native token of World Liberty Financial.
The goal is to purchase approximately 7.5% of the total WLFI supply and implement an asset management strategy centered around this token. In addition to purchasing WLFI, ALT5 will use the funds to pay off debt, resolve legal disputes, and cover operational costs.
Executive Level Personnel Changes
According to the agreement, Zach Witkoff, co-founder and CEO of World Liberty Financial, will become the Chairman of the Board of ALT5 Sigma, while also holding the position of Chairman of the company.
Eric Trump joins as Director, while the Kraken exchange will handle asset management.
Matt Morgan, ALT5's Chief Investment Officer, revealed: "We will swap half of the newly issued shares for WLFI, valued at $0.20/token."
Expectations of a Significant Impact on the WLFI Market
ALT5's large-scale investment and integration of a treasury strategy with WLFI is expected to enhance liquidity, strengthen investor confidence, and position WLFI as a strategic long-term asset.
This also marks a significant step showing the direct involvement of the Trump family in the digital asset market, opening up the possibility that WLFI will receive considerable attention from global investors.