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

2025-08-11 19:36:59
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ChainCatcher news, according to investing reports, financial technology company ALT5 Sigma (NASDAQ: ALTS) has signed an agreement to sell 200 million shares of common stock at a price of $7.50 per share through a registered direct offering and concurrent private placement, raising a total of $1.5 billion.

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

The transaction is expected to be completed on August 12, 2025, at which point ALT5 will launch the WLFI fiscal strategy, holding approximately 7.5% of the total supply of WLFI tokens. The company intends to use the raised funds for: acquiring WLFI tokens, establishing a cryptocurrency financial operating system, addressing litigation, repaying existing debt, 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 the 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 take on the role of 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 is acting as the exclusive placement agent for this offering. The registered direct offering is conducted under ALT5's existing shelf registration statement, which was effective as approved by the U.S. Securities and Exchange Commission (SEC) on August 8, 2025.

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