Eric Trump Joins ALT5 Sigma in $1.5B WLFI Token Treasury Plan
ALT5 Sigma, a Nasdaq-listed firm specializing in crypto payments and fintech infrastructure, has unveiled a $1.5 billion initiative to establish a treasury anchored in World Liberty Financial's WLFI token. The move includes appointing Eric Trump and WLFI co-founder Zach Witkoff to its board, signaling a strategic push into digital asset governance.
Donald TRUMP Jr. hailed the partnership as a "true breakthrough," emphasizing the integration of WLFI's stablecoin with ALT5's treasury strategy. The Trump family's deep involvement underscores their commitment to achieving global liquidity and exchange listings for the token.
ALT5 Sigma plans to acquire 7.5% of WLFI's total supply, positioning itself as a major holder upon launch. World Liberty Financial, backed by the Trump family, previously raised $500 million in its WLFI token sale earlier this year.