according to the materials of the site - By Coingabbar
Company ALT5 Sigma announced the attraction of $1.5 billion for the development of a strategy for acquiring World Liberty Financial tokens. The company stated that it plans to own approximately 7.5% of the total volume of $WLFI tokens and act as a provider of solutions for trading digital assets and payments.
The purchase was made through a direct placement of 100,000,000 common shares at a price of $7.50 per share. The final prospectus will be published on the website of the U.S. Securities and Exchange Commission (SEC).
According to a social media post, Eric Trump will join the board of directors, and Zach Falkman, co-founder and Chief Operating Officer of WLFI, will become an observer on the board.
Eric Trump expressed his opinion on platform X: 'Donald Trump Jr. and I are excited to lead it and look forward to its innovative approach.' Donald Trump Jr. is also enthusiastic about the partnership and posted on his X profile: 'The combination of USD1 from WLFI — the fastest-growing stablecoin — and the advanced reserve strategy of ALT5 Sigma is something the market has never seen before. This partnership is a true breakthrough.'
He also explained how these reserve investments will boost token sales after the listing. The listing is expected to take place in the third quarter of 2025 after approval from the early sponsor community.
WLFI is already trending thanks to strong community support.
The team of companies engaged in token trading, which has received strong community support, is already doing significant work to launch the token. With ALT5 Sigma's treasury strategy and the World Liberty ecosystem, this alliance will be beneficial. The World Liberty Finance token has already become a trend online even before its launch, creating chaos in the crypto market.
The company uses blockchain systems for trading, payments, and tokenization of digital assets through its Pay and Prime platforms. The company has been involved in the Russell index recovery since 2024 and has processed Bitcoin transactions totaling over $5 billion since its inception.