TechFlow, August 11 — According to Investing.com, ALT5 Sigma Corporation, a fintech company listed on the U.S. stock market, announced a registered direct offering and concurrent private placement totaling $1.5 billion to launch the treasury strategy for World Liberty Financial (WLFI).
Of this, WLFI will subscribe for 100 million shares in tokens, while the remaining 100 million shares will be issued to institutional investors. Upon completion of the transaction, ALT5 will hold approximately 7.5% of the total WLFI token supply. Meanwhile, WLFI CEO Zach Witkoff will serve as chairman, and Eric Trump will join the board of directors.
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