Alt5 Sigma Corp. (Alts) Said it is planning to load WLFI -Tokens into a $ 1.5 billion deal that will see the token for the Trump family’s crypto venture, World Liberty Financial, becomes a core tax chamber.
The company said it will issue and sell 200 million shares, split between a direct offer and a private location, to finance the purchase. The move will leave ALT5 by 7.5% of the total WLFI supply, it says.
World Liberty CEO Zach Witkoff becomes chairman of Alt5’s board of directors, Eric Trump will become director of the company, co -founder Zak Folkman will be a board observer and Crypto Investor Matt Morgan takes over as Chief Investment Officer.
Alt5 Sigma will sell 100 million shares to institutional investors for $ 7.50 each and another 100 million in a private location in exchange for WLFI -Tokens. WLFI was recently priced at $ 0.3659 according to CoingeCKO data. The funding is expected to close on August 12.
Revenue from the cash portion of the agreement finances crypto -tax operations, buy additional WLFI -tokens, pay debt, settle litigation and strengthen operating capital.
Founded in 2018, ALT5 Crypto Payment Payment operates Alt5 Pay and Over-The-Counter Trading Desk Alt5 Prime and claims over $ 5 billion in processed digital asset transactions.
By making WLFI a cornerstone in its balance, alt5 is betting that the token’s fortunes will be lifted by both Crypto Market Momentum and the Trump family’s political cachet -an effort that could hang as much on the 2025 campaign track as on Wall Street.
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