TechFlow, August 13 — According to Businesswire, NASDAQ-listed ALT5 Sigma Corporation announced the completion of its $1.5 billion private placement financing. The offering was priced at market under NASDAQ rules, with World Liberty Financial serving as lead investor. Several global institutional investors and cryptocurrency venture capital firms also participated. Kraken acted as asset manager, and AGP/Alliance Global Partners served as the exclusive placement agent.
Zach Witkoff, Co-Founder and CEO of World Liberty Financial, has been appointed Chairman of the Board. Eric Trump has joined the Board of Directors. Zak Folkman, another Co-Founder and COO of WLFI, will serve as a Board observer, and Matt Morgan has been named Chief Investment Officer.
Previous report: U.S.-listed fintech company ALT5 Sigma announced a $1.5 billion fundraising to launch the WLFI treasury strategy
