• ALT5 Sigma raises $1.5 billion to fund WLFI token acquisition and build a crypto treasury.
• World Liberty Financial, backed by the Trump family, contributes tokens to ALT5’s treasury.
• Companies increasingly diversify treasuries, with $14 billion worth of Ether held by crypto firms.

ALT5 Sigma Corporation, a Nasdaq-traded FinTech company, is issuing a common stock offering of 200 million shares to raise the $1.5 billion needed to fund a new corporate treasury. The company will use the proceeds to buy WLFI tokens and create a cryptocurrency treasury.

World Liberty Financial’s Involvement in the Fundraising

According to the announcement, the stock offering is a combination of a registered direct sale and a private placement of stock offered at a price per share of $7.5. ALT5 Sigma plans to spend its $750 million proceeds to purchase WLFI tokens, which will be used to grow its crypto treasury.

World Liberty Financial is leading the deal. ALT5 Sigma will also hold nearly 7.5% of the total WLFI tokens as part of the deal, marking its entry into the rising digital asset treasury strategy. 

Organizations in different sectors are rapidly embracing digital assets like Bitcoin and Ether to diversify corporate treasuries. According to the Strategic ETH Reserve, the total number of Corporations with crypto treasuries of Ether was 3.5 million ETH, or approximately $14.9 billion.

These trends highlight that traditional finance is embracing cryptocurrency beyond Bitcoin.

Also Read | Who is buying Ethereum? Mysterious Institution Accumulates $1 Billion in ETH

Impact on ALT5 Sigma’s Corporate Strategy

Once the offering is complete, senior executives of World Liberty Financial will be added to the board of directors of ALT5 Sigma. Eric Trump and WLFI co-founder Zach Witkoff will be given key roles in the company.

Witkoff will become the chairman of the board of ALT5, and Trump will be appointed as a director. Additional contributors on the WLFI team will also have strategic positions, a factor that will lead to the future organizational strategy of the digital assets approach of ALT5 Sigma.

The net proceeds from ALT5 Sigma’s offerings will also be used to pay off existing debts, settle litigation, and fund business operations. The company aims to become a leader in financial technology driven by blockchain, focusing on tokenization, payments, and crypto trading.

In addition, the fundraising supports World Liberty Financial’s goal of creating a publicly traded company to hold WLFI tokens. The company plans to extend the token’s use in the future, and WLFI will be unlocked for backers after a recent community vote.

Also Read | World Liberty Financial Eyes $1.5B Fundraise with Public WLFI Token Venture