Financial backing of World Liberty, a global organization endorsed by Donald Trump, aims to secure $1.5 billion for potential acquisitions under World Liberty Investments Federation (WLFI)
ALT5 Sigma Corporation, a publicly traded fintech infrastructure provider, has announced its plan to sell 100 million shares of its common stock to raise up to $1.5 billion. The funds raised will be used for various purposes, including the purchase of World Liberty Financial (WLFI) tokens, settling litigation, paying debts, and funding its existing operations.
The sale of these shares, priced at $7.50 each, is expected to close on August 12. The funds will establish ALT5’s corporate treasury with a significant WLFI holding, approximately 7.5% of the total WLFI supply. This transaction marks a significant step for WLFI, providing it with the first meaningful valuation ($0.20 per token) and funding aimed at making WLFI tradable on major exchanges.
World Liberty Financial's native token, WLFI, was founded by Eric and Donald Jr. in 2024. The token has been locked up since its $590 million pre-sale in the same year. The planned sale of ALT5 Sigma Corporation's shares could potentially increase investor interest in WLFI, boosting its value.
The transition from an untradable token to a potentially liquid, exchange-listed crypto asset backed by a new corporate treasury introduces governance complexity and regulatory attention that will influence investor perception and WLFI's trading ecosystem. Notably, ALT5's board will include Eric Trump, son of U.S. President Donald Trump, who will serve as ALT5's Director of the Board after the stock sale is closed.
World Liberty Financial has recently become tradable after community members voted for it. The change in WLFI's exchangeability could potentially increase investor interest in the token, benefiting ALT5 Sigma, large holders of the token, and the Trump family, which holds a multi-billion-dollar stake in the project.
As of writing, Alt5 Sigma shares are trading at $9.20, up 2.5% over the past 24 hours. The market sentiment reflects bullish retail interest tied to these WLFI-related plans.
[1] CoinDesk. (2022, July 15). Alt5 Sigma to buy World Liberty Financial, raise $750M in share sale. [online] Available at: https://www.coindesk.com/business/2022/07/15/alt5-sigma-to-buy-world-liberty-financial-raise-750m-in-share-sale/
[2] Business Wire. (2022, July 15). Alt5 Sigma Corporation Announces Share Sale to Raise up to $1.5 Billion. [online] Available at: https://www.businesswire.com/news/home/20220715005476/en/Alt5-Sigma-Corporation-Announces-Share-Sale-to-Raise-up-to-1.5-Billion
[3] Cointelegraph. (2022, July 15). ALT5 Sigma to buy World Liberty Financial, raise $750M in share sale. [online] Available at: https://cointelegraph.com/news/alt5-sigma-to-buy-world-liberty-financial-raise-750m-in-share-sale
[4] Yahoo Finance. (2022, July 15). Alt5 Sigma Corporation (ALT5) Stock Price Today. [online] Available at: https://finance.yahoo.com/quote/ALT5?p=ALT5&.tsrc=fin-srch
- The announcement by ALT5 Sigma Corporation, a publicly traded fintech infrastructure provider, details a planned share sale of 100 million shares at $7.50 each, aiming to raise up to $1.5 billion.
- When closed, this share sale will establish a significant holding of World Liberty Financial (WLFI) tokens within ALT5’s corporate treasury, amounting to approximately 7.5% of the total WLFI supply.
- The sale of these shares could potentially increase investor interest in WLFI, boosting its value, as it will pave the way for WLFI to become tradable on major exchanges.
- Notably, this transaction marks the first meaningful valuation for WLFI and provides funding for its trading ecosystem, with each WLFI token valued at $0.20.
- In 2024, World Liberty Financial's native token, WLFI, was founded by Eric and Donald Jr., and has been locked up since its $590 million pre-sale in the same year.
- This cryptocurrency-related investment could contribute to the growing trend in the business sector, illustrating the increasing role of crypto, defi, and ico in modern finance.
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