Daily Report | ALT5 Sigma Corporation announces the completion of a $1.5 billion financing to launch the WLFI treasury strategy; BNB Network Company announces an investment of approximately $160 million to purchase 200,000 BNB

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2025-08-11 20:00:00

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August 11 News Overview

Organizer: Jerry, ChainCatcher

Important News:

ALT5 Sigma Corporation announces completion of $1.5 billion financing to launch WLFI treasury strategy
Binance Alpha:SatLayer (SLAY) Phase 1 airdrop claim threshold is 227 Alpha points
Binance Alpha: XCX airdrop claim threshold is 200 points, claiming will consume 15 points
Ant Group: Reports of collaboration to create rare earth RMB stablecoin are rumors
BNB Network Company announces purchase of 200,000 BNB, transaction amount approximately $160 million
FTFT applies for Hong Kong VASP license, actively布局虚拟资产领域
ALT5 Sigma discloses $1.5 billion financing details: World Liberty Financial subscribes to half of the shares with WLFI tokens, Eric Trump serves as a director

"What important events happened in the past 24 hours"

ALT5 Sigma Corporation announces completion of $1.5 billion financing to launch WLFI treasury strategy
According to Businesswire, Nasdaq-listed ALT5 Sigma (Ticker: ALTS) announced the completion of a $1.5 billion registered direct offering and concurrent private placement financing, priced at $7.50 per share.

This financing was led by World Liberty Financial (WLFI), whose co-founder and CEO Zach Witkoff will serve as chairman of the ALT5 board, and Eric Trump will serve as a director. After the transaction is completed, ALT5 will hold 7.5% of the total supply of WLFI tokens, which will be used for crypto asset fund operations, debt repayment, and business expansion.

The private placement portion will be paid in WLFI tokens, and the transaction is expected to be completed by August 12. As a provider of digital asset trading and payment solutions, this financing marks ALT5's further deepening of its layout in the crypto financial ecosystem.

Binance Alpha: SatLayer (SLAY) Phase 1 airdrop claim threshold is 227 Alpha points
According to the official announcement, Binance Alpha is the first platform to launch SatLayer (SLAY), with Alpha trading starting on August 11, 2025, at 18:00 (UTC+8).

Eligible Binance users can use Binance Alpha points to claim 525 SLAY tokens airdrop on the Alpha event page within 24 hours after trading begins.

The Binance Alpha airdrop will be distributed in two phases: Phase 1 (first 18 hours): Users holding at least 227 Alpha points can claim. Phase 2 (last 6 hours): Users holding at least 200 Alpha points can participate in the second phase airdrop, first come first served. If the event has not ended, the score threshold will automatically decrease by 15 points every hour. Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours, otherwise it will be considered a waiver of the airdrop.

Binance Alpha: XCX airdrop claim threshold is 200 points, claiming will consume 15 points

Binance Alpha announced that it will launch Xeleb Protocol (XCX) Alpha trading on August 11, 2025, at 16:00 (Beijing time). After trading starts, users with at least 200 Binance Alpha points can claim 800 XCX airdrop on the Alpha event page on a first-come, first-served basis. If the rewards are not fully distributed, the points threshold will automatically decrease by 15 points every hour. Claiming the airdrop will consume 15 Binance Alpha points, and users must confirm their claim within 24 hours, otherwise it will be considered a waiver.

Ant Group: Reports of collaboration to create rare earth RMB stablecoin are rumors

According to Caixin, Ant Group stated that the rumor about "Ant Group collaborating with the People's Bank of China and China Rare Earth Group to build the world's first rare earth RMB stablecoin" is false, and the company has never had such plans with the relevant institutions. Ant Group reminds the public to be cautious in identifying information to avoid being deceived and calls on investors to treat rumors in related sectors rationally.

BNB Network Company announces purchase of 200,000 BNB, transaction amount approximately $160 million

Listed company BNB Network Company (Nasdaq stock code: BNC) announced the purchase of 200,000 BNB, with a transaction amount of approximately $160 million, making it the world's largest enterprise-level BNB holding institution. The company previously completed a $500 million private placement led by 10X Capital and established BNB as its primary reserve asset.

The company has completed a management restructuring, appointing Galaxy Digital co-founder David Namdar as CEO, former CalPERS chief investment officer Russell Read, and former Kraken executive Saad Naja to join the management team.

FTFT applies for Hong Kong VASP license, actively布局虚拟资产领域

According to Zhitong Finance, FTFT (FTFT.US) announced today that its wholly-owned Hong Kong subsidiary "FTFT International Securities and Futures Limited" has officially signed a委托协议 with a well-known compliance consultant in Hong Kong, entrusting it to apply for a virtual asset service license (VASP) from the Hong Kong Securities and Futures Commission (SFC) based on the company's original Hong Kong licenses No. 1, 2, and 4, while also applying for a 9th license for asset management, planning to cover both traditional and virtual asset management businesses.

The consultant will conduct a detailed review and assessment of the company's business model, risk management capabilities, and assist the company in preparing relevant application materials and business plans for submission to the Hong Kong Securities and Futures Commission.

ALT5 Sigma discloses $1.5 billion financing details: World Liberty Financial subscribes to half of the shares with WLFI tokens, Eric Trump serves as a director

According to Investing, fintech company ALT5 Sigma (Nasdaq code: ALTS) has signed an agreement to sell 200 million shares of common stock through a registered direct offering and concurrent private placement at a price of $7.50 per share, raising a total of $1.5 billion.

ALT5 Sigma stated that World Liberty Financial is the main investor in this private placement, subscribing to 100 million shares with WLFI tokens. The registered direct offering will additionally sell 100 million shares to institutional investors and crypto venture capital funds.

The transaction is expected to be completed by August 12, 2025, at which time ALT5 will launch the WLFI financial strategy, holding approximately 7.5% of the total supply of WLFI tokens. The company plans to use the raised funds for: acquiring WLFI tokens, establishing a cryptocurrency financial operation system, addressing litigation, repaying existing debts, and supporting business operations.

This financing will trigger significant changes to the board of directors. Zach Witkoff, co-founder and CEO of World Liberty Financial, will serve as chairman of the ALT5 board, Eric Trump will join the board as a director, Zak Folkman, co-founder and COO of World Liberty Financial, will serve as a board observer, and Matt Morgan will be appointed as chief investment officer.

ALT5 Sigma provides blockchain-driven digital asset trading and payment technology through its ALT5 Pay and ALT5 Prime platforms. Since its establishment in 2018, the company has processed over $5 billion in cryptocurrency transactions and will be included in the Russell Index starting in 2024. A.G.P./Alliance Global Partners serves as the exclusive placement agent for this offering. The registered direct offering is based on ALT5's existing shelf registration statement, which was approved by the U.S. Securities and Exchange Commission (SEC) on August 8, 2025.

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