Nasdaq-listed ALT5 Sigma Corporation has raised $1.5 billion through a registered direct offering and concurrent private placement, with closing anticipated by August 12, 2025. The capital will primarily fund the acquisition of World Liberty Financial's WLFI tokens to establish a cryptocurrency treasury, alongside settling litigation, repaying debt, and supporting general corporate operations. Eric Trump is set to join ALT5's board as part of leadership changes tied to the strategy.
CEO John Doe stated: "The Company intends to use the net proceeds... to fund the acquisition of $WLFI tokens, to establish the Company’s cryptocurrency treasury operations, as well as to settle existing litigation, pay existing debt, fund existing business operations, and for working capital and general corporate purposes." World Liberty Financial acts as a lead investor, with A.G.P./Alliance Global Partners facilitating the offering.
The move positions ALT5 to hold a significant share of WLFI's token supply, potentially reshaping market dynamics through reduced liquidity and heightened institutional interest. Experts anticipate regulatory scrutiny due to the high-profile nature of the deal and foresee volatility in WLFI's valuation, though exact token allocation percentages remain unconfirmed. This aligns with broader corporate trends toward alternative token treasuries, diverging from mainstream cryptocurrencies like Bitcoin.