ALT5 Sigma Corporation has closed a $1.5 billion capital raise to power its crypto treasury strategy centered on the WLFI token from World Liberty Financial. The deal, completed on August 12, 2025, underscores the growing crossover between traditional finance and blockchain-based assets.
Dual Offering Nets $1.5B
The fintech firm sold 200 million shares in total — split evenly between a registered direct offering and a concurrent private placement — at $7.50 per share. The proceeds will support multiple initiatives, including ALT5’s plan to hold 7.5% of WLFI’s total supply as part of its treasury reserves.
Funds will also be used to settle litigation, retire debt, and support ongoing operations. A portion is earmarked for general corporate needs and working capital.
World Liberty Financial, backed by former President Donald Trump, served as the lead investor in the private placement. A.G.P./Alliance Global Partners acted as the exclusive placement agent, while Kraken was named asset manager for the deal.
Leadership Shake-Up
The transaction also brought changes to ALT5’s board and executive team. Zach Witkoff, co-founder and CEO of World Liberty Financial, has been appointed Chairman of the Board, with WLFI co-founder Zak Folkman joining as a board observer. Matt Morgan steps in as Chief Investment Officer.
Eric Trump, a prominent figure in the Trump family’s crypto ventures, also joins ALT5’s board. In a public statement, he called the company’s strategy “revolutionary” and signaled a deep commitment to driving its success.
Breaking: Tomorrow we ring the @Nasdaq opening bell! @ALT5_Sigma @worldlibertyfi @NasdaqExchange pic.twitter.com/glyjJvHErP
— Eric Trump (@EricTrump) August 13, 2025
Market Reaction and Token Outlook
Despite the size of the raise, investors were cautious. ALTS shares closed down 9.7% on the day, even after posting a modest 2.18% gain in pre-market trading.
The WLFI token itself is still not tradable. While token holders have approved a plan to make it available on the open market, only a fraction of tokens purchased in earlier sales — priced at $0.015 and $0.05 — will be unlocked at launch.
Donald Trump Jr. has said WLFI will eventually be listed on both major centralized exchanges and decentralized platforms, aiming for global liquidity and governance reach. The company has yet to confirm an exact launch date, but recent developments suggest a debut may be near.
