Trump Family's DeFi Initiative Boosts ALT5 Sigma With $1.5 Billion WLFI Token Deal
Business/Finance

Trump Family's DeFi Initiative Boosts ALT5 Sigma With $1.5 Billion WLFI Token Deal

World Liberty Financial, backed by the Trump family, plans to integrate its WLFI token into ALT5 Sigma's assets through a substantial share sale.

Key Details:

  • ALT5 Sigma is preparing to draw on WLFI tokens, claiming a 7.5% stake in total supply for its treasury.
  • The company plans to release 200 million shares, splitting between immediate cash sales and private placements funded by WLFI tokens.
  • ALT5 aims to leverage connections with the Trump family and the growth of WLFI while covering expenses related to debt, legal settlements, and expansion in the crypto realm.

ALT5 Sigma Corp. (ALTS) intends to acquire WLFI tokens through a significant $1.5 billion arrangement, marking the Trump-supported World Liberty Financial token as a vital asset on its balance sheet.

The strategy involves a planned issuance of 200 million shares, divided into public offerings and private placements to gather funds for the transaction. Consequently, ALT5 is set to own 7.5% of the overall WLFI supply, as stated.

Proceeds from the cash portion will support crypto treasury operations, procure more WLFI tokens, handle debts, settle legal disputes, and strengthen working capital.

Founded in 2018, ALT5 operates a crypto payment system under the name ALT5 Pay and oversees an OTC trading entity named ALT5 Prime, claiming over $5 billion in facilitated digital asset transactions.

By making WLFI a pivotal element of its financial foundation, ALT5 is betting that the token will benefit from an uplifting crypto market alongside the Trump family’s political influence, a bet likely dependent on the forthcoming 2025 electoral landscape.

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