Alt5 Sigma Corp. (ALT) He said he plans to carry the WLFI tokens in a $ 1.5 billion agreement that will make the token of the Trump family cryptographic company, World Liberty Financial, becomes an asset of the central treasure.
The company said it will issue and sell 200 million shares, divided between a direct offer and a private placement, to finance the purchase. The movement will leave Alt5 having 7.5% of WLFI’s total supply, he said.
The World Liberty CEO, Zach Witkoff, will become president of the Alt5 Board, Eric Trump will become director of the company, co -founder Zak Folkman will become an observer of the Board and the cryptographic investor Matt Morgan will assume the position of Investment Director.
ALT5 Sigma will sell 100 million shares to institutional investors for $ 7.50 each, and another 100 million in a private placement in exchange for WLFI tokens. WLFI had a price recently at $ 0.3659, according to Coingcko data. Financing is expected to close on August 12.
The income of the cash party will finance the operations of the Crypt Treasury, will buy additional WLFI tokens, pay debts, litigate litigation and reinforce working capital.
Founded in 2018, ALT5 operates the Crypto Alt5 Pay payment platform and the free sale negotiation table Alt5 Prime, claiming more than $ 5 billion in transactions of processed digital assets.
When making Wlfi a cornerstone of his balance, Alt5 is betting that the fortune of the file will be raised both by the impulse of the crypto market and the political cache of the Trump family, a bet that could depend on both the 2025 campaign and on Wall Street.
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