ALT5 Sigma, a Nasdaq-listed company specialising in cryptocurrency payments and fintech infrastructure, has unveiled an ambitious plan to raise $1.5 billion for a treasury centred on World Liberty Financial’s (WLFI) token. The initiative will also see Eric Trump and WLFI co-founder Zach Witkoff join ALT5’s board of directors, setting the stage well ahead of the token’s expected public debut.
Donald Trump Jr. described the partnership as a “true breakthrough,” noting that the integration of WLFI’s stablecoin into ALT5’s treasury strategy is designed to expand the token’s global reach. He emphasised that both he and Eric Trump are “fully invested” in driving the project forward, to achieve significant exchange listings and widespread adoption.
Founded in 2018, ALT5 Sigma currently has a market capitalisation of about $120 million. The company’s plan involves acquiring roughly 7.5% of WLFI’s total token supply, making it one of the largest holders from day one. World Liberty Financial, a family-owned venture led by the Trumps, had previously raised more than $500 million earlier this year through its WLFI token sale. The project also features a USD1 stablecoin and has already secured community approval to release WLFI tokens to early backers, enabling trading on both centralised and decentralised platforms.
Market reaction to the news was swift. ALT5 Sigma’s stock initially jumped 6% before reversing sharply to trade 14% lower by mid-afternoon. Such volatility is not unusual in the space; earlier this year, SharpLink Gaming — backed by Ethereum co-founder Joe Lubin — saw its share price tumble 90% within weeks of going public.
The move reflects ALT5 Sigma’s willingness to take calculated risks in anticipation of the WLFI token’s launch. By securing a substantial portion of the token supply before market entry, the firm is betting on the Trump-led project’s ability to capture attention and establish a foothold in the decentralised finance sector.
