The valuation of WLFI in the acquisition agreement with ALT5 Sigma Corporation is set at $0.2

ChainCatcher news, according to DL News, the U.S. listed fintech company ALT5 Sigma Corporation has valued the WLFI token of World Liberty Financial through a share acquisition agreement, setting the price at $0.2 per token. This is the first clear valuation of the token since the launch of its token sale last year.

ChainCatcher previously reported, according to Businesswire, that Nasdaq-listed company ALT5 Sigma (ticker: ALTS) announced the completion of a $1.5 billion registered direct offering and concurrent private placement financing, with a price of $7.50 per share. This financing was led by World Liberty Financial (WLFI), and its co-founder and CEO Zach Witkoff will serve as the chairman of the ALT5 board, while 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 it plans to use for cryptocurrency 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.