ALT5 Sigma has announced plans to integrate WLFI tokens as a treasury asset in its $1.5 billion capital raise.
World Liberty Financial's Investment in ALT5 Sigma
World Liberty Financial will contribute 7.5% of the total WLFI token supply to ALT5 Sigma's $1.5 billion raise. This decision is supported by the project's executives.
Establishing a Corporate Treasury for WLFI
Proceeds from the offering will be directed towards establishing a dedicated cryptocurrency treasury that will hold WLFI tokens, making ALT5 Sigma the first company to adopt WLFI as a reserve asset.
Roles of WLFI Executives at ALT5 Sigma
WLFI executives will take key positions at ALT5 Sigma: Zach Witkoff will become Chairman of the board, while Eric Trump will join as a director. Zack Folkman will serve as a board observer, and Matt Morgan will assume the role of Chief Investment Officer.
With its treasury strategy and new corporate roles for WLFI, ALT5 Sigma continues to strengthen its position in the cryptocurrency sector and attract interest in WLFI tokens.