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ALT5 Sigma’s $1.5B WLFI Treasury Plan Triggers Market Backlash
ALT5 Sigma’s $1.5B WLFI Treasury Plan Triggers Market Backlash
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BTCCSquare news:
ALT5 Sigma's ambitious plan to establish a crypto treasury for the Trump-linked World Liberty Financial project has sparked a double-digit stock decline. The fintech firm aims to raise $1.5 billion through a hybrid offering of shares and WLFI tokens, marking the first public company attempt to hold the governance token.
Investors reacted swiftly to Monday's announcement, sending ALT5's Nasdaq-listed shares tumbling. The proposed structure—combining a registered direct offering with a private placement of non-transferable WLFI tokens—has raised eyebrows across financial markets. Regulatory filings reveal the tokens' locked status creates unique execution risks for the offering.
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