Trump Sons’ $1.5B WLFI Deal Shakes Up Wall Street
World Liberty Financial (WLFI), the crypto venture co-founded by Eric Trump and Donald Trump Jr., has taken a major leap into the spotlight. On Wednesday, the brothers joined a Nasdaq bell-ringing ceremony in Times Square, celebrating a $1.5 billion token arrangement that could push their firm into the upper ranks of decentralized finance.
The deal centers on Las Vegas-based ALT5 Sigma Corp., a relatively small fintech and biotech player until now. According to a Bloomberg report, before the announcement, ALT5’s market value was under $150 million. Following the disclosure, it surged to nearly $850 million. Under the agreement, ALT5 will acquire 7.5% of WLFI’s total token supply, positioning itself as a major holder in a yet-to-be-listed asset.
Supporters say the TRUMP sons’ deal could integrate crypto with traditional markets, marking a bold pivot from conventional corporate crypto strategies. The move steers away from established digital assets toward the company’s own WLFI token, a project not yet trading on centralized exchanges.
Analysts warn WLFI’s strategy mirrors risky speculative trends seen before 2008. ALT5 Sigma’s market cap jumped after securing its stake in the unlisted WLFI token, highlighting the volatility and potential rewards of such ventures.