The Trump-linked company World Liberty Financial raised $1.5 billion to launch its token, $WLFI, through its coin stock ALT5.

Now, two major hedge funds—Point72 and ExodusPoint—have stepped in as key backers.

Point72 revealed it owns 4% of Alt5 Sigma, worth about $26.7 million.

ExodusPoint also invested, though with a slightly smaller amount.

Both funds likely bought their shares using USD during a private deal when ALT5 announced its $1.5B fundraising last week. That cash now fuels ALT5’s treasury, helping it buy more $WLFI tokens and build its crypto reserves.

Point72’s move shows it's expanding beyond traditional finance into crypto infrastructure. Known for bold strategies, it’s led by Steve Cohen. ExodusPoint, meanwhile, has been growing fast in the digital asset space.

Despite this news, ALT5’s stock price dropped today—partly because the U.S. market fell overall, and partly because the hedge fund investments were relatively small (around $50 million total), not enough to boost the stock.

Still, bigger investors might join ALT5 in the future.