- ALT5 Sigma will hold 7.5% of WLFI tokens after its $1.5B capital raise and treasury launch.
- The firm will use funds to buy WLFI tokens, settle litigation, reduce debt, and grow operations.
- Eric Trump joins the board with WLFI leaders, marking a major shift in company leadership.
ALT5 Sigma Corporation (NASDAQ: ALTS) has entered into agreements to raise $1.5 billion through a registered direct offering and concurrent private placement, both priced at $7.50 per share. The Las Vegas-based fintech said the transactions involve the sale of 200 million common shares, split equally between the two offerings.
World Liberty Financial acted as the lead investor in the private placement, providing WLFI tokens as payment for 100 million shares. The registered direct offering will place another 100 million shares with institutional investors and crypto-focused venture capital firms.
The company expects the transactions to close on August 12, 2025. Once completed, ALT5 will launch its $WLFI Treasury Strategy, securing approximately 7.5% of the total WLFI token supply. According to corporate disclosures, proceeds will be allocated to acquire WLFI tokens, establish cryptocurrency treasury operations, settle ongoing litigation, repay existing debt, and support operational expenses and growth plans.
Leadership Overhaul and Strategic Realignment
The capital raise will be accompanied by significant leadership changes. Zach Witkoff, co-founder and CEO of WLFI, will become chairman of ALT5’s board of directors. Eric Trump will join as a director, adding a politically recognized name to the company’s governance. Zak Folkman, WLFI’s co-founder and COO, will serve as a board observer, while Matt Morgan will assume the role of chief investment officer.
These appointments place WLFI’s leadership directly at the center of ALT5’s strategic direction, reflecting a corporate shift toward integrating its token into treasury management. The $7.50 per share valuation was set to appeal to a broad range of investors while ensuring adequate capital to advance planned projects. Company filings indicate extended discussions with both investors and underwriters, underscoring the complexity of finalizing terms for such a large-scale transaction.
Financial Performance and Market Activity
On August 11, 2025, ALT5 Sigma closed at $8.97, remaining unchanged from the prior session, based on Google Finance data. Pre-market trading showed the stock down 1.78%, or $0.16, to $8.81.
Market capitalization of ALT5 is $156.57 million, with an average volume of 283,470 shares being traded daily. The past year’s trade history ranged between $1.55 and $10.95, signifying heavy price turbulence.
Related: Trump-Linked WLFI Invests $10M in Falcon Stablecoin Push
Strategic Implications and Market Scrutiny
By launching the $WLFI Treasury Strategy, ALT5 is aligning itself with the rising trend of companies allocating corporate reserves to digital assets. However, the involvement of politically linked figures such as Eric Trump introduces a dimension beyond finance.
This combination of capital, cryptocurrency strategy, and political influence raises an essential question: Is ALT5 executing a bold institutional pivot toward blockchain-based treasury operations, or is it advancing a political-financial play framed as fintech innovation? With $1.5 billion in new capital and a reshaped board, the answer will unfold in the execution.
