In a recent thread on X, World Liberty Financial announced that the WLFI token will be available on the Ethereum mainnet on September 1, making it tradable and transferable. This came after the WLFI funding round of $2.26 billion. Through the purchase of shares, its cryptocurrency vehicle, ALT5 Sigma, made a significant contribution of $1.5 billion.
The offering price of $0.20 highlights the increase in demand, representing a multiple of 13.3x in the first round and 4x in the second. In early August, World Liberty announced that it was driving a $1.5 billion initiative to establish a corporate cryptocurrency reserve backed by WLFI. Since then, ALT5 Sigma has made remarkable progress in fundraising for its treasury.
At launch, 20% of the tokens acquired in the early rounds will be unlocked at the Token Generation Event (TGE). The remaining 80% will be decided by community voting. This will allow token holders to directly participate in the vesting schedule. Meanwhile, allocations for the team, advisors, and partners are currently locked. The uncertainty surrounding the tokens from the strategic rounds further arouses the interest of early investors.
The project places a strong emphasis on equitable distribution, allowing the community to make governance decisions. This helps ensure that decentralization remains fundamental to the token launch.
